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Posts tagged NOL
Tom Sheehy Testifies in Support of Tax Deduction Reinstatement

On April 4, 2022, Tom Sheehy, testified before the California State Assembly’s Revenue and Taxation Committee in support of Assembly Bill 2065. The measure, authored by Assembly Member Blanca Rubio, will help California’s businesses to recover from COVID by reinstating the net operating loss (NOL) tax deduction for the 2020 and 2021 tax years.

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