How the Net Operating Loss Carryforward Works for Business Owners in 2026

In this episode of The Tax Strategy Podcast, Lucas and Luna break down the net operating loss (NOL) carryforward rules that every business owner should understand in 2026. With the post-2020 changes still in effect, including the 80 percent taxable income limitation and the indefinite carryforward period, many entrepreneurs are leaving money on the table. The hosts walk through a concrete example: a graphic design studio that lost $250,000 in 2025 and turned that into a six-figure tax saving in 2026. They explain how to calculate NOL, the impact of the CARES Act revisions, and why state-level treatment varies. If you run a business or are self-employed, knowing how NOL carryforwards work can turn a bad year into a strategic tax asset. No fluff, just the rules and a real-world case. #NetOperatingLoss #NOLCarryforward #BusinessTaxes #TaxStrategy #TaxPlanning #SmallBusiness #SelfEmployed #TaxDeductions #IRSSection172 #CARESAct #2026Taxes #TaxLoss #Finance #Business #Accounting #TaxTips #FexingoBusiness #BusinessPodcast Keep every episode free: buymeacoffee.com/fexingo