Home > Glossary > Tax Loss Carry-forward

Meaning / Definition of

Tax Loss Carry-forward

Categories: Bankruptcy Assistance,

losses, for tax purposes, that can be carried forward and applied to reduce taxable income in future years. The tax reform act of 1986 imposed stringent restrictions on the use of tax loss carry-forwards.

Featured term of the day

Definition / Meaning of

Contract Certainty

Categories: Insurance,

removed

Most popular terms

1. Charitable Remainder Trust
2. SIMPLE
3. Use-based Application
4. Retired Directors Liability Policies
5. Beta
6. Family Of Funds
7. Fixed Annuity
8. National Association Of Securities Dealers Automated Quotations System
9. Audit Committee
10. Unconscious Bias