A Net Operating Loss (NOL) isn’t all that bad!

When a company’s deductible expenses exceed its income, generally a net operating loss (NOL) occurs. If when filing your 2017 income tax return you found that your business had an NOL, there is an upside: tax benefits. But beware — the Tax Cuts and Jobs Act (TCJA) makes some significant changes to the tax treatment …

A Net Operating Loss (NOL) isn’t all that bad! Continue reading »