What is the name of your state? Georgia
We have 2 seperate S-corp companies. One has a net operating loss carry forward of about 3 million.
The other has become profitable at about $500k per year.
What can be done to combine/offset the NOL's of one S-Corp against the profits of the other S-Corp?
The stock of the two companies are not currently owned by the same shareholders.
We have 2 seperate S-corp companies. One has a net operating loss carry forward of about 3 million.
The other has become profitable at about $500k per year.
What can be done to combine/offset the NOL's of one S-Corp against the profits of the other S-Corp?
The stock of the two companies are not currently owned by the same shareholders.