Tag: NOL

California Should Reinstate Suspended Tax Credits with Another Historic Budget Surplus Coming

It’s hard to believe, but a little more than a year-and-a-half ago California’s financial prognosticators thought the state was barreling into a $54 billion...

It’s Time to End 2020’s Emergency Tax Increases

In 2020 California passed a budget that reflected dire financial circumstances. A raging pandemic and shuttered economy led politicians and pundits to believe...

Legislators Urge End to Business Tax Increase: Restoration of NOL Deductions and Business Incentive...

A bipartisan group of 25 California Legislators led by Assemblymember Evan Low (D-Campbell) is urging Assembly Budget leadership to immediately end a tax increase...