Workpaper of the Week: State NOL Review
This workpaper allows you to quickly review detailed NOL information across jurisdictions, and easily access NOL data for provision and planning purposes.
- All states are now available! Consistent data input for all states!
- Added new fields to allow input for prior year amounts and prior year utilization
- We can then keep the NOL carryforward current and up-to-date each year
– States with state-specific NOL forms continue to have the same input they have always had
- We also added a new State Review Workpaper for NOLs in TAS (Tax Accounting System)
– Quickly review NOL information
– NOL information now readily available for uses other than compliance including:
- Provision calculation
- Planning scenarios