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Technical

Closed years are fair game in exam of NOL carryovers

Marilyn Young, CPA, Ph.D. | Free | AICPA | 01 Jun 2017 | Journal of Accountancy

Examinations & audits
Intermediate
Article

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This article discusses how audits of net operating losses and other carryforwards can reach back past the otherwise applicable statute of limitation.

Topics covered:

Tax: Technical: IRS practice & procedure: Examinations & audits, Intermediate

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