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Advertising expense taxation?
05-12-2014, 04:04 PM
Post: #3
Cathi K Offline
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You could be making twice that. Your business model is not rational. You need to make that $7 less. IF you do not make a profit after a while the IRS will declare you a hobby and you can only deduct losses up to earnings. Right now you appear to be running at a loss.
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Messages In This Thread
[] - tro - 05-12-2014, 03:51 PM
[] - Cathi K - 05-12-2014 04:04 PM
[] - Judy - 05-12-2014, 04:06 PM

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