02.19.09
You Got 60 Days, Starting . . . NOW
The American Recovery and Reinvestment Act of 2009 (a/k/a “The Stimulus Bill” and “Government Run Amok Bill”) appears to have a one-time election to carry back losses five years, but the election must be made within the next sixty days. If you’re sitting on NOLs, you may want to check this out.
