Why You Can’t Offset Losses Under Washington's New Tax Plan

Some business owners say new tax rules could hit hardest during their most successful years. In many industries, revenue fluctuates — with “lean years” and “strong years.” But critics say certain tax policies may not allow losses from slower years to be carried forward, which could increase tax burdens when business picks up. 📊 Key concern: No ability to offset past losses Higher taxes during profitable years Less flexibility for long-term planning Supporters and critics continue to debate how these policies impact business stability and growth. 👉 Should businesses be able to offset losses over time? 👉 And how do tax rules affect long-term success? #business #taxes #economy #finance #smallbusiness #shorts #entrepreneur #policy #usa #news