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.

Liberal Wisconsin Supreme Court Affirms Evers’ 400-Year Property Tax Increase
https://www.youtube.com/watch?v=zWjmb3QsOMs Last week, the now-liberal Wisconsin Supreme Court upheld 4-3 a controversial veto from Gov. Tony Evers in the state budget. The partial veto increased