Hobby Loss vs. Start-Up Expense?

Published Categorized as Articles, Houston, Tax

Just about every business starts out with losses. This is the nature of start-ups. The activity will either gain traction and produce income and possibly a profit or, eventually, the activity end. This is basic economics and capitalism at work. The U.S. economy is based on these concepts, allowing would-be entrepreneurs the opportunity and motive…Continue readingHobby Loss vs. Start-Up Expense?

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