Pa. House Republicans: Kephart - Making PA More Open to Investment, Growth
September 20, 2024
September 20, 2024
HARRISBURG, Pennsylvania, Sept. 20 -- The Pennsylvania House Republicans issued the following news on Sept. 18, 2024:
State Rep. Dallas Kephart (R-Cambria/Clearfield) highlighted today the Net Operating Loss (NOL) tax reform provisions that recently passed into law as part of a package bill.
NOLs allow businesses to carry forward losses incurred during a taxable year into future tax years. This provision allows the losses to be deducted from future profits to reduce an . . .
State Rep. Dallas Kephart (R-Cambria/Clearfield) highlighted today the Net Operating Loss (NOL) tax reform provisions that recently passed into law as part of a package bill.
NOLs allow businesses to carry forward losses incurred during a taxable year into future tax years. This provision allows the losses to be deducted from future profits to reduce an . . .