Will your business have a net operating loss? Make the most of it

 07_11_16-95166368_SBTB_560x292.jpg            When the deductible expenses of a business exceed its income, a net operating loss (NOL) generally occurs. If you’re planning ahead or filing your income tax return after an extension request and you find that your business has a qualifying NOL, there’s some good news: The loss may generate some tax benefits.