The 2013-15 state budget adopts federal rules for net operating losses for individual income tax. Beginning in 2014, net operating losses can be carried forward 20 years and carried back two years. Previous state law allowed a 15-year carry-forward but did not allow for carry-backs. Carry-forwards allowed for net business losses under the current state corporate tax code are unchanged.

Episode 54: Clean Up PFAS Without Penalizing Innocent Landowners
https://youtu.be/cQd0flOJmso WMC is highlighting a proposal from the Wisconsin Legislature to protect innocent landowners from being unfairly penalized as polluters while enabling targeted PFAS cleanup.

