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Taxpayers Are Generally Allowed to Carry Back And/or Carry Forward

question 49

True/False

Taxpayers are generally allowed to carry back and/or carry forward unused business credits.


Definitions:

Codec

A rule, implemented in either software or hardware, which squeezes a given amount of audio and video information into less space.

Codec

A computer program capable of encoding or decoding a digital data stream or signal, often used for compressing audio or video data.

Model Release

A release that usually grants a photographer the right to use an image of the model (or subject of the photo) commercially.

Creative Commons

A nonprofit organization that offers free licenses allowing creators to legally share their work with conditions of their choice.

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