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TAX BREAKS

Reporting Net Operating Losses For Your Business

By The BIDaWIZ Team on December 29th, 2009 at 8:00 am
This is a common question that can get complicated with all the rules and new laws. But, the good news is that you will likely have a net operating loss (NOL) if your business tax deductions for the year are greater than income which means lower taxable income in preceding or future years. .
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