Which Form 1120 C Nol 2023-2024

Hello and welcome to the session. This is Professor Forehead, and this session will look at NOL or net operating losses. This topic is covered in an income-tax course, CPA exam regulation, and the enrolled agent exam. Now, before I start, I would also always like to remind my viewers to connect with me on a personal as well as professional level. So, if you have a LinkedIn account, please connect with me. If you don't have a LinkedIn account, you should have one because it's very important for your professional image and for networking purposes. If you're a Facebook user, please like my Facebook page, and you can connect with me on a personal level. You also want to make sure you subscribe to my YouTube channel, subscribe to the channel, like it, share it, add my videos to a playlist, and share them with friends or whoever you think might be interested in them. I do have a Twitter account and a website where I have my courses organized by lecture. This recording is brought to you by Jaeger CPA review. If you like this recording and if you're studying for your CPA or you're an accounting student, you can supplement your studies with hundreds of hours of video lectures, thousands of multiple-choice questions with solution simulations, textbook audio lectures, electronic flashcards, plus others. You can use my promo code PMF to get 10% off the product, and this way you can benefit yourself and get the best-valued course out there and benefit this channel. So, what's the idea of NOL or net operating losses? The best way to start this explanation is to look at a scenario to show you the idea behind an NOL. So, let's take a look at those two individuals. Juanita has a business and realizes the following...