Keri Is a Single Taxpayer and Has a Net Operating

question 39

Essay

Keri is a single taxpayer and has a net operating loss of $30,000 in 2016. Her taxable income for the last 5 years has been about $10,000 each year. She expects 2017 to be a very good year and projects that her income will be over $100,000. If you were Keri's tax advisor, what would you recommend that she do with her 2016 operating loss? Explain.

---

Definitions:

Persuade

To convince someone to do or believe something through reasoning or the use of temptation.

Brief Written Message

A concise and clear written communication intended to convey information or instructions effectively.

Analyzing Your Audience

The process of understanding the characteristics, expectations, and needs of the audience to whom you are communicating.

Linear Presentation

A straightforward, sequential approach to presenting information, where ideas are conveyed in a logical order from start to finish.