tax-loss carryback

简明释义

纳税时亏损转回

英英释义

例句

1.The accountant explained how a tax-loss carryback could help the business offset profits from prior years.

会计师解释了如何通过税收亏损回溯帮助企业抵消前几年的利润。

2.After reviewing her financials, Sarah decided to utilize a tax-loss carryback to recover some of her previous tax payments.

在审查了她的财务状况后，莎拉决定利用税收亏损回溯来追回她之前的一些税款。

3.Using a tax-loss carryback, John was able to apply his current year's losses to his taxes from two years ago.

通过使用税收亏损回溯，约翰能够将他今年的亏损应用于两年前的税款。

4.Many small businesses benefit from a tax-loss carryback when they face unexpected downturns.

许多小企业在面临意外衰退时从税收亏损回溯中获益。

5.The new tax law allows for an extended period for tax-loss carrybacks, providing more relief to struggling companies.

新税法允许延长税收亏损回溯的期限，为挣扎中的公司提供更多救助。

作文

In the world of finance and taxation, understanding various tax strategies can significantly impact an individual's or a business's financial health. One such strategy that is often overlooked is the concept of tax-loss carryback. This term refers to a provision in the tax code that allows taxpayers to apply a net operating loss (NOL) from one year to previous years' taxable income, which can lead to a tax refund. By utilizing this strategy, businesses and individuals can improve their cash flow during difficult times, making it an essential tool for financial management.To illustrate how tax-loss carryback works, let’s consider a hypothetical scenario involving a small business. Imagine that in 2022, a company experiences significant losses due to unforeseen circumstances, such as a natural disaster or a sudden drop in demand for its products. The business reports a net operating loss of $100,000 for that year. Without the ability to offset this loss against previous profits, the company would face a challenging financial situation. However, with the tax-loss carryback provision, the business can carry this loss back to the previous two tax years, allowing it to amend its tax returns for those years.Suppose the company had a taxable income of $60,000 in 2021 and $50,000 in 2020. By applying the tax-loss carryback, the business can deduct the $100,000 loss from the taxable incomes of these two previous years. This means it can fully offset the 2021 income, resulting in a tax refund for the taxes paid on that income. Additionally, it can also apply $40,000 of the loss to the 2020 income, leading to another refund. This process not only provides immediate financial relief but also aids in stabilizing the business during tough economic times.The benefits of utilizing tax-loss carryback are clear, but it is important to note that there are specific rules and limitations governing its use. For instance, the Tax Cuts and Jobs Act of 2017 made significant changes to the treatment of NOLs, including the suspension of the carryback provision for most taxpayers until 2021. However, due to the COVID-19 pandemic, the CARES Act temporarily reinstated the tax-loss carryback option for losses incurred in 2018, 2019, and 2020, allowing businesses to carry losses back five years instead of the usual two. This flexibility has provided much-needed support to many struggling businesses, enabling them to recover more quickly from the economic fallout.In conclusion, the concept of tax-loss carryback is a valuable financial strategy that can provide significant tax relief for businesses experiencing losses. By understanding and effectively utilizing this provision, taxpayers can navigate challenging economic conditions more successfully. It is crucial for individuals and businesses alike to stay informed about tax laws and provisions like the tax-loss carryback to make informed decisions that can positively impact their financial futures.

在金融和税务的世界中，理解各种税收策略可以显著影响个人或企业的财务健康。其中一个经常被忽视的策略是税收亏损回溯的概念。这个术语指的是税法中的一项规定，允许纳税人将某一年产生的净经营亏损（NOL）应用于之前年份的应税收入，从而可能导致税款退款。通过利用这一策略，企业和个人可以在困难时期改善现金流，使其成为财务管理的重要工具。为了说明税收亏损回溯的运作方式，让我们考虑一个涉及小企业的假设场景。假设在2022年，一家公司因不可预见的情况（如自然灾害或产品需求突然下降）遭遇重大损失。该企业报告该年的净经营亏损为100,000美元。如果不能将这一损失抵消之前的利润，该公司将面临艰难的财务状况。然而，借助税收亏损回溯条款，该企业可以将这一亏损回溯到前两年的应税收入，从而修改这些年份的纳税申报表。假设该公司在2021年的应税收入为60,000美元，而在2020年的应税收入为50,000美元。通过应用税收亏损回溯，企业可以从这两年前的应税收入中扣除100,000美元的亏损。这意味着它可以完全抵消2021年的收入，从而获得对该收入已支付税款的退款。此外，它还可以将40,000美元的亏损应用于2020年的收入，这也会导致另一笔退款。这个过程不仅提供了即时的财务救济，还帮助在经济困难时期稳定企业。利用税收亏损回溯的好处显而易见，但需要注意的是，使用这一条款有特定的规则和限制。例如，2017年的《减税与就业法》对净经营亏损的处理进行了重大修改，包括暂停大多数纳税人的回溯条款，直到2021年。然而，由于COVID-19大流行，《关怀法案》暂时恢复了2018年、2019年和2020年发生的亏损的税收亏损回溯选项，允许企业将亏损回溯五年，而不是通常的两年。这种灵活性为许多陷入困境的企业提供了急需的支持，使它们能够更快地从经济冲击中恢复。总之，税收亏损回溯的概念是一种有价值的财务策略，可以为经历亏损的企业提供显著的税收救济。通过理解和有效利用这一条款，纳税人可以更成功地应对经济挑战。个人和企业都必须保持对税法及像税收亏损回溯这样的条款的信息更新，以便做出能够积极影响其财务未来的明智决策。