Income Taxes

9 Months Ended

Sep. 30, 2021

Income Tax Disclosure [Abstract]

Income Taxes

6. Income Taxes

For the three and nine months ended September 30, 2021, we had an effective income tax rate from continuing operations of 7.9% and 11.2%, respectively. For the three and nine months ended September 30, 2020, we had an effective income tax rate from continuing operations of 27.9%. The lower effective income tax rate in 2021 is primarily due to a reversal of a portion of a valuation allowance for deferred tax assets related to capital loss carryforwards during the third quarter of 2021, as described in Note 10.     

We file income tax returns in the U.S. Federal jurisdiction and in various state and foreign jurisdictions. Tax years remaining subject to examination in the U.S. Federal jurisdiction include 2017 to present.