Quote:
Originally Posted by SuiteLiving
That assumes they don't have other taxable income to offset when the loss is incurred. In any event, tracking an NOL isn't very difficult since it's mainly a function of keeping a copy of your tax return, while some people would struggle with doing an inventory correctly.
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Most people don't have a tax liability of $8500. And I would argue that anyone running a sales business who struggles with keeping track of a small inventory should consider doing something else.
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