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Recent Changes to Federal Net Operating Loss Carryback Provisions Create Potential Year-End Planning Opportunities for Taxpayers by Timothy E. Glasgow
Holme Roberts & Owen LLP - Denver Office
Adam H. Sher
Holme Roberts & Owen LLP - Boulder Office
David B. Strong
Holme Roberts & Owen LLP - Denver Office
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November 19, 2009
Previously published on November 16, 2009
On November 6, 2009, President Obama signed the Worker, Homeownership, and Business Assistance Act of 2009 (the Act). Among other things, the Act extends the period over which a net operating loss (NOL) may be carried back for tax years beginning in or ending in either 2008 or 2009.
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