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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.
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MADISON – Wisconsin Manufacturers & Commerce (WMC) – the combined state chamber and manufacturers’ association – opened nominations for its annual Wisconsin Business Friend of
https://www.youtube.com/watch?v=dymu9U-DoJo On Tax Day, WMC Litigation Center announced its lawsuit on behalf of two Wisconsin taxpayers challenging Gov. Evers’ 400-year veto. In the most recent
WMC Litigation Center is representing taxpayers in a lawsuit aimed at a veto from Gov. Evers that resulted in a 400-year property tax increase. “We’re
https://www.youtube.com/watch?v=NDqEr0VTJoE After the announcement of the Biden Administration’s new emission standards being applied to long-haul and large vehicles, WMC’s Scott Manley joined Vicki McKenna to
