S.R. Snodgrass, A.C.
Certified Public Accountants
and Consultants
and Consultants
12/2009 – Five-Year Carryback Benefit
By S.R. Snodgrass Tax Group
The Worker, Homeownership, and Business Assistance Act of 2009 (the “Act”), passed in November 2009, has expanded the five-year tax loss carryback benefit originally made available on a limited basis by the American Recovery and Reinvestment Act of 2009 (“ARRA”).
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