In 2019 Hill Corporation reported a net operating loss of $13,200 that it carried forward to 2020. In 2019 Hill also reported a net capital loss of $6,850 that it carried forward to 2020. In 2020, ignoring any carryovers from other years, Hill reported a loss for tax purposes of $69,000. The current-year loss includes a $16,900 net capital gain.What is Hill’s 2020 net operating loss?     2020 Net operating loss

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Fringe Benefit Tax

Fringe benefits are in addition to the compensation that companies give to their employees. It is an additional benefit above the stated salary. It helps to keep the employees of the firm motivated as sometimes the only salary is not enough to retain the quality employees of the firm. There are different types of fringe benefits. Fringe benefits are given in both private as well as public enterprises.