A technique for applying a loss or credit from the current year to a future year. also called carryforward.
Related information about tax loss carryforward:
- Loss Carryforward Definition | Investopedia
An accounting technique that applies the current year's net operating losses to future years' profits in order to reduce tax liability. Generally accepted accounting ...
- Tax Loss Carryforward Definition | Investopedia
A tax loss carryforward takes place where a business or individual reports losses on a tax return up to seven years after the loss occurred. Frequently the logic ...
- Tax Loss Carryforward - Financial Dictionary - The Free Dictionary
In accounting, a way for a company to reduce its tax liability by applying losses to future tax years in which the company makes a profit. That is, carryforward ...
- What is a Tax Loss Carryforward?
A tax loss carryforward is an accounting practice in which losses can be reported up to seven years later. A tax loss carryforward...
- Tax loss carryforward
This article is part of WikiProject Definitions. Consider editing to improve it. View articles referencing this definition. A tax loss...
- Could someone explain "tax loss carryforward" - Democratic Underground
Could someone explain "tax loss carryforward" ... Some one mentioned in a reply something about "tax loss carryforward". What exactly is this?
- Tax Loss Carryback, Carryforward: Definition from Answers.com
What are the rules on tax loss carryforward? How many years can you carryforward a California corporate tax loss? What is the purpose of the net operating loss ...
- Tax Loss Carryforward Definition, Example & Formula ...
We explain the definition of Tax Loss Carryforward, provide a clear example of the formula and explain why it's an important concept in business, finance ...