Net Operating Loss Carryovers for Individuals The American Recovery and Reinvestment Act of 2009 (ARRA) provides individual taxpayers potential net operating loss (NOL) deductions. The IRS has provided opinions stating the ARRA applies to individuals. An “Eligible...
Innovative Strategies For Winning Tax Controversies, Business Structuring And Estate Planning
tax plans
New Rules for Cafeteria Plans
The “Section 125 cafeteria plan” has become a popular way to offer fringe benefits in the workplace on a pre-tax basis. Essentially, an employee is able to pick and choose the benefits desired. The employer only has to pay for those benefits that the employee actually...
