|
#1
12-20-2002, 01:12 PM
Hummer Guru
Join Date: Nov 2002
Location: Cognito
Posts: 2,155
What if your small business turns out a negligible or $0 profit? I have a small business that will be starting up this coming spring but will probably not generate any revenue until 2004. The next year will be spent on product development, etc.
Is this write off beneficial for me as well, having a low/no profit business? Or does this only work if your business is very profitable??
Sorry, I'm a little new to the small business & related tax scene...
- Dan
«
Previous Thread
|
Next Thread
»
Thread Tools
Search this Thread
Display Modes
Posting Rules
All times are GMT +1. The time now is 12:24 AM.
Hybrid Mode