Section 382 Net Operating Losses

Business losses may come with tax benefits for your organization. To take full advantage of the net operating loss deduction available under Section 382, however, your organization must be mindful of its limitations.

CBIZ’s net operation loss (NOL) solution helps you claim the correct amount of NOLs on your income tax return and optimize the timing of your NOL deduction carryforwards. As part of our Section 382 study, we will look for evidence of factors that may limit your ability to use the NOL deduction carryforwards, such as a recent defined ownership change. Enlist our team to maximize your organization’s tax benefits.