Missed Losses? Convert Them to NOLs and Save
Автор: Services by Valeria
Загружено: 2025-12-03
Просмотров: 0
Описание: Missed reporting losses in prior years? You may be able to amend returns to turn those losses into Net Operating Losses (NOLs) and claim refunds or future tax relief. This quick 35-second guide explains key NOL rules — 2018–2020 losses can be carried back 5 years (CARES Act), post‑2020 NOLs generally carry forward only (with farming exceptions), and how amended returns or a quick refund (Form 1138 for corps) might help. Perfect for small business owners looking to improve cash flow and reduce taxes. Need help amending returns? Contact Services by Valeria: servicesbyvaleria.com — like and share if helpful! #TaxAmendments #NOL #SmallBusiness #ServicesByValeria
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