Dear Taxguru,

Wow! I can't believe the site! I was here only a week or so ago, and I am impressed with the progress on this site!!! WELL DONE GUYS!!

A technical question for you, what happened to my net operating losses carry over in my C corporation, after I converted to an S corporation??? I am hoping to be able to use them this year to offset my profit from my S corporation!

Looking forward to hearing from you.

Thanks.