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Szycha

07/12/17 5:04 PM

#13211 RE: ChuckBits #13210

Nol offsets income\profits directly. So essentially tax savings all the way till its gets used.
Only difference might be state(s) sourced revenues. Some will only allow certain % of income to be reduced by the NOL. They might also have different NOL carryforward/expiration dates.
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RyGuy

07/12/17 6:38 PM

#13219 RE: ChuckBits #13210

$15 million in NOL's will directly offset $15 million in future profits. With an effective federal tax rate of 35% it will provide $5.25 million in direct tax savings.