Corporate Close-Up: State NOLs -- Identifying Pitfalls and Minimizing Risks


Join us on March 22 at 2 pm ET to learn more about common Net Operating Loss (NOL) management challenges and practical strategies you can apply to effectively track your NOLs.

Our panel of state tax experts will discuss some of the major hurdles of NOL management and present practical strategies you can apply to effectively and efficiently track state NOLs. You’ll discover how to better manage your NOL assets, including accurately predicting the burn-down of your NOL assets as you come into profitable tax years.

Our panel of state tax experts will discuss some of the major hurdles of NOL management and present practical strategies you can apply to effectively and efficiently track state NOLs. You’ll discover how to better manage your NOL assets, including accurately predicting the burn-down of your NOL assets as you come into profitable tax years.

Our expert panel: 

  • Robert Clary, State Income Tax Manager, Ford Motor Company
  • Brian Strahle, President, Leverage SALT, LLC
  • Diane Tinney, Senior State Tax Product Manager, Bloomberg BNA      

Managing NOLs using spreadsheets with thousands of complex formulas to forecast state NOLs manually can lead to lost cash tax opportunities.

BNA State Tax™ Analyzer, with NOL Manager, allows you to predict the impact that state NOLs will have on cash, minimize your effective tax rate (ETR), and improve corporate earnings per share. This unique software is an innovative solution that automatically computes the generation and utilization (carrybacks and carryforwards) of state NOLs across multiple years and multiple scenarios.

Continue the discussion on LinkedIn: What are your best tips for managing state NOLs?

For more information about state tax issues, sign up for a  free trial on Bloomberg BNA’s Premier State Tax Library.