TITLE

Net Operating Loss Carryforwards and Carrybacks (Part 1)

PUB. DATE
April 2002
SOURCE
Journal of State Taxation;Spring2002, Vol. 20 Issue 4, p81
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
Lists several net operating loss carryforwards and carrybacks in the U.S. Importance of a separate state election; States that allow carrybacks and carryforwards.
ACCESSION #
6968985

 

Related Articles

  • NO LAUGHING MATTER. Rayney, Pater // Accountancy;Oct97, Vol. 120 Issue 1250, p50 

    Reports on the restriction of the loss carry-back period to one year in Great Britain. Transitional rules; Basic loss relief strategy.

  • Operating loss write-off reform clears House. Feingold, Jeff // New Hampshire Business Review;3/22/2002, Vol. 24 Issue 6, p9A 

    Deals with the skepticism of New Hampshire legislators on a bill that would allow businesses to write off their losses against the business profits tax over a longer period of time as of March 2002. Issues pointed out by proponents of the bill; Repercussions of eliminating the operating cap of...

  • NOL Carrybacks Extended to Five Years. Malik, Shahzad // M&A Tax Report;Jan2010, Vol. 18 Issue 6, p6 

    The article reports that U.S. taxpayers may choose to carry back net operating losses (NOL) for the 2008 and 2009 tax years for up to five years, under the Worker, Homeownership and Business Assistance Act of 2009, which was implemented on November 6. Under the change, businesses that have had...

  • Tips for Avoiding Common NOL Errors.  // California CPA;Oct2004, Vol. 73 Issue 4, p31 

    Presents tips for avoiding common net operating losses (NOL) errors. Suggestion on avoiding failure to provide documentation that will support the NOL calculation; Information on figuring the NOL carryback or carryover for married people whose filing or marital status changes; Instructions for...

  • The Association between Market-Based Merger Premiums and Firms' Financial Position Prior to Merger. In-Mu Haw; Pastena, Victor; Lilien, Steven // Journal of Accounting, Auditing & Finance;Winter87, Vol. 2 Issue 1, p24 

    This paper tests the association between firms' prior financial performance and the magnitude and timing of merger premiums. The basic finding is that both financially healthy firms and financially troubled firms, as classified by the Altman Z score, earn merger premiums of 25%. However, the...

  • A Note on the Tax Loss Carryback and Carryforward: A Common Negligence Found in Finance Textbooks. Chen, Carl R. // Financial Practice & Education;Spring/Summer91, Vol. 1 Issue 1, p90 

    This article focuses on issues related to loss carryback and carryforward in finance textbooks. Almost every finance textbook addresses the issue of tax loss carryback and carryforward, since the topic is important for cash flow estimation, capital budgeting, mergers, and acquisitions....

  • Tax break for tough times: NOL deduction. Grill Jr., Norman G. // Fairfield County Business Journal;7/28/2008, Vol. 47 Issue 30, p19 

    The article provides a strategy that could help companies mitigate their business loss during the time of economic downturn. One way to lessen any shortfall is to claim a tax deduction for a net operating loss (NOL). Companies could only declare that their business is suffering from NOL if their...

  • The new election to carry back NOLs: Factoring in the variables. Jones, George G.; Luscombe, Mark A. // Accounting Today;12/14/2009, Vol. 23 Issue 19, p13 

    In this article, the author discusses the Worker, Homeownership and Business Assistance Act of 2009 in the U.S. He examines the Act's net operating loss (NOL) carryback provision, which was extended and expanded from the original five-year period. He also cites the limitations of the provision...

  • Q&A.  // California CPA; 

    The article reports on the authority given to eligible small business (ESB) in the U.S. to elect to carryback an applicable 2008 net operating loss (NOL) for a period of three, four or five years as part of the 2009 American Recovery and Reinvestment Act. It cites the condition that should be...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics