Tag: Loss

Business losses can happen, whether you're operating a new company that hasn't yet earned a profit or a mature business that's been squeezed by today's volatile economy. While no one likes to lose money, the Read More

Financial experts are often hired to measure economic damages in contract breach, patent infringement and other tort claims. Here's an overview of how experts quantify damages, along with some common pitfalls to avoid.   Estimating Read More

Many privately held businesses have incurred losses during the COVID-19 pandemic. Unfortunately, the federal income tax passive activity loss (PAL) rules can limit an owner's ability to currently deduct tax losses thrown off by passive Read More