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comment by kleinbl00
kleinbl00  ·  3373 days ago  ·  link  ·    ·  parent  ·  post: Pubski: January 21, 2015

...within limits. The IRS takes a dim view of anyone with a business that loses money hand over fist in that business for more than five years.

But before they can take a dim view, they have to look.

And they're suffering cutbacks like everyone else.

And the odds of getting a random audit are pushing a thousand to one.

And the odds of getting a non-random audit are suspiciously proportional to income.

And even if you're audited the worst that happens is you have to give the money back.

Don't you work for a bank?





_refugee_  ·  3373 days ago  ·  link  ·  

Banks don't really consider taxes to be part of their purview except for 1099s and that jazz, mang.