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Natural Trader

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Natural Trader

Re: Bombshot post# 1163

Wednesday, 08/10/2016 11:55:18 PM

Wednesday, August 10, 2016 11:55:18 PM

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company can use nol to offset future taxes which brings more cash flow for the company growth
NOL can be carried back 2 years to recover past taxes paid, and forward 20 years to offset taxable income in future periods. After 20 years, any remaining NOL expire and are no longer available for use. NOL carried forward are recorded on the balance sheet as deferred tax assets ("DTA").

All posts are my opinion and are not recommendations to buy or sell

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