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PR-Inside.com
Business Roundtable Statement on Senate Vote on Homebuyer Tax Credit, Five-Year NOL âCarrybackâ
2009-11-05 00:36:03 - 20 percent of which is tied to residential real estate and housing-related industries. "We also commend the Senate for expanding the five-year net operating loss ‘carryback’ period for all companies. Full Article at PR-Inside.com
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2009-11-05 20:52:06 - to finance their operations and keep employees on the payroll,” NRF Vice President and Tax Counsel Rachelle Bernstein said. Full Article at PR-Inside.com
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Congress appears to be on the verge of giving a $30 billion-plus handout to U.S. corporations but—unlike so many other spending provisions—this one is provoking little opposition on Capitol Hill. Full Article at Business Week
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By Martin Vaughan WASHINGTON --Large and mid-sized companies battered by the recession are on the verge of securing as much as $33 billion in refunds from the federal government for taxes paid as far back as 2003.The firms won support for the plan from... Full Article at Wall Street Journal
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The National Retail Federation asked the Senate to approve an amendment that would bring recession-plagued retailers and other businesses billions of dollars in badly needed cash by lengthening the period during which they can “carry back” current... Full Article at Fibre2Fashion.com
Related Quotes
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For retailers struggling in the current recession, NOL carryback provides an important source of capital to finance ongoing operations and retain employees ... Because retail sales have fallen so dramatically over the past year and access to capital has been so limited, retailers are experiencing severe...
SOURCE: Fibre2Fashion.com -
Yes, I think it's a form of stimulus ... This is what I always thought would happen, policy makers would take it one step at a time.
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You can have a stimulus every quarter from now until we go bankrupt
SOURCE: Time Magazine -
The fact is that this is a word game. It isn't a discussion of the 'second stimulus,' ... This needs to be an ongoing discussion between the President and his economic team about new ideas and ways to get people back to work.
SOURCE: Time Magazine
