Net Operating Loss Consulting

Business losses may come with tax benefits for your organization. To take full advantage of the net operating loss deduction available under Section 382, however, your organization must be mindful of its limitations.

CBIZ’s net operation loss (NOL) solution helps you claim the correct amount of NOLs on your income tax return and optimize the timing of your NOL deduction carryforwards. As part of our Section 382 study, we will look for evidence of factors that may limit your ability to use the NOL deduction carryforwards, such as a recent defined ownership change. Enlist our team to maximize your organization’s tax benefits.

Connect with a NOL specialist

July 11, 2023Bracket Creep, End of TCJA Drive Long-Term Tax Bump, CBO Says

Individual income taxes will routinely amount to more than 10% of GDP in the decades to come, surpassing even 2022 when a near-record surge drove collections past that mark for the first time, according to new data from the Congressional Budget Office.

Jeffrey Baumgarten

Managing Director

[email protected]

858-395-9195

Section 382: Use of Net Operating Losses

Section 382 Net Operating Losses

Jeffrey Baumgarten

Managing Director