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Tag Archives: NOL
New Tax Law Changes in “Worker, Homeownership, and Business Assistance Act of 2009″
On November 5, 2009, the House of Representative passed H.R. 3548, the Worker, Homeownership, and Business Assistance Act of 2009″. The measure was OK’d by the Senate on November 4, so it is cleared for the President’s expected signature. The … Continue reading
For Many Small Businesses, Fall Filing Deadline Looms for Special Refund Claims
IRS has issued a news release to remind eligible small businesses (ESBs) that time may be running out for them to elect a longer net operating loss (NOL) carryback under the American Recovery and Reinvestment Act of 2009 (ARRA, P.L. … Continue reading
