Depending on a business s situation it may be able to take a net operating loss and move it to a future tax year or years in which it had a profit net operating income thereby reducing its tax burden. In other words the business has a negative income. A net operating loss nol occurs when a business or individual has more allowable tax deductions than taxable income.
passive income amazon kindle
passive income best book
passive income at a young age
passive income and loss rules
passive income besides real estate
passive income canadian stocks
passive income business canada
passive income by investing