BNA STATE TAX™ ANALYZER NOL MANAGER

STATE NET OPERATING LOSS MANAGEMENT MADE SIMPLE. BNA State Tax Analyzer’s NOL Manager provides easy, accurate, and efficient calculation and management of state NOLs. Now, you can quickly compare multiple scenarios across years and see the impact of NOL carryovers and carrybacks, allowing you to accurately predict the burn-down of your NOL asset and resulting impact on cash tax.

With NOL Manager, the most comprehensive compliance or provision system on the market, you’re prepared to accurately, and far more efficiently, support provision, compliance, tax audits, and forecasting/planning.

WHY DO I NEED A SOLUTION?

States vary from federal in many ways:

• Add back of any Federal NOL in year of generation

• Computation of state NOL in year of generation• Computation of allowed NOL to be carried

back or forward• Number of years of carryback/forward

is allowed• Option to forego the carryback, if even available• A variety of limitations and caps unique to

each state• Suspension of NOL amount available and

changes to computation and expiration

WHY NOL MANAGER?

NOL Manager helps you:

• Accurately calculate the NOL generated for pre-apportionment and post-apportionment states

• Manage NOL computations from 1998 forward• Automatically carryback and carryover• Fully integrated with BNA State Tax Analyzer

tax return calculations• Track expiring NOL amounts and dates• Easily and efficiently calculate and compare

multiple scenarios across multiple years, states and entities

WHY NOW?

It’s time to stop wasting precious time:

• Building spreadsheets• Researching tax law nuances• Maintaining complex formulas and links

Don’t wait to reduce the risks associated with spreadsheet management:

• Not documented• Hard to understand• Under increasing scrutiny• Understood only by one or a few people

(what if the creator leaves or retires?)

For more information call 800.424.2938, contact your local Bloomberg BNA Representative, or visit www.bnasoftware.com/solutions/corporate-tax/state-tax-analyzer

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BNA STATE TAX™ ANALYZER NOL MANAGER

MAKE IT EASY AND EFFICIENT TO LEAP THE HURDLES OF NET OPERATING LOSS MANAGEMENT. Corporations filing in multiple states have several hurdles to accurately managing, planning, and utilizing NOLs before they expire. Even simply track NOLs by state for compliance, provision, tax audit, and tax cash management.

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Calculating State NOLs

NOL Manager helps you efficiently handle variations in NOL rules for each state by providing:

• Tax law and computations for all states that have an income tax, as well as the District of Columbia

• Accurate handling of pre-apportionment and post-apportionment rules

• Computation of loss-per-state rules for years 1998 forward

• Automatic carryback/carryover• Tracking of expiring NOL amounts and dates

• Management of NOLs state-by-state

Managing Net Operating Losses State-by-State

State treatment of Net Operating Losses vary widely from state to state. NOL Manager takes the guess work out of managing by:

• Automatically applying the correct state law and computations on an entity-by-entity basis or by group with the proper sharing, if allowed

• Supporting both post- and pre-apportionment methods

• Allowing users to analyze impacts of losses across multiple entity structures, which is useful during mergers and acquisitions

Supporting State Combined/Consolidated Returns

Creating combined or consolidated returns with shared NOLs can be tricky. With NOL Manager, you can:

• Ensure accuracy of your company’s state tax returns

• Automatically calculate on a separate entity basis, consolidated group level, or according to combined/unitary statutes

Applying Differing State Carrybacks/Carryforwards

Carryforward and carryback rules vary widely across states. Instead of relying on complex, error-prone spreadsheets, NOL Manager:

• Eliminates the need to research changing tax law and adjust spreadsheets manually

• Automatically calculates carrybacks and carryforwards across years, states, and entities

State Transition Rules

State rules can, and do, change frequently. With NOL Manager, you can:

• Be prepared for changing statutes supports what-if analysis and customized tax law

• Instantly assess the impact of proposed changes • Eliminate the manual efforts of implementing

changes to rules in spreadsheets or databases

State Suspension and Limitations

States often enact suspension periods or limitations on the amount of NOLs allowed to be carried back or forward during tax years, particularly when the economy slows or the state is having budget difficulties. Use NOL manager to:

• Enter state-specific adjustments such as suspensions and limitations as needed to comply with tax laws or changes as per recent court cases

• Customize tax law as needed with a full audit trail to document your adjustment

For more information call 800.424.2938, contact your local Bloomberg BNA Representative, or visit www.bnasoftware.com/solutions/corporate-tax/state-tax-analyzer