net operating losses (NOLs)

Jun 3, 2024

NJEDA awards $68M to 34 early-stage companies through NOL program

The program offers innovative businesses the opportunity to sell a percentage of their net operating losses and unused research and development (R&D) tax credits to unrelated profitable corporations for cash.

Accountants
Jul 5, 2023

New law overhauls NJ’s corporate business tax code

The measure changes how global intangible low-taxed income (GILTI) and net operating losses (NOLs) are treated under state law.