@Pragjag@BradyBr91221483@rgonter@realDonaldTrump Actually its not necessarily called tax avoidance, however you did teach me something new because I thought you meant evasion. Avoidance assumes they are taking advantage of tax law whereas actual unintended business losses would not be avoidance
@Pragjag@BradyBr91221483@rgonter@realDonaldTrump If you carry the loss back 2 years and earn a refund, then essentially you did prepay your taxes and can qualify for a refund. The purpose of which to help you continue your business and create future tax revenues