Taking advantage of the extended NOL carryback provisions

Wednesday, December 16, 2009
1 - 2 p.m.

View recording of Web seminar

EVENT OVERVIEW:
Recently enacted legislation allows taxpayers to carry back net operating losses (NOLs) from 2008 and 2009 for up to five years, thus permitting companies to go back as far as 2002 to obtain refunds of previously paid taxes. While the new law provides enticing opportunities to maximize tax benefits and enhance cash flow, there are potential traps that need to be avoided.

TOPICS:

• How the extended carryback applies to you
• What you need to do to claim the extended carryback
• What opportunities exist to maximize your benefit on the extended carryback
• What traps for the unwary you need to understand prior to making the irrevocable carryback election for a tax year

PRESENTERS:

• Nick Gruidl, Managing Director, National Tax
• Natalie Tucker, Director, National Tax