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No profit in 3rd business year
Due to Covid shutdowns and slowing business I didn't have a profit in my 3rd year in a row. I wasn't able to write off any of my business expenses. Will I be able to carry those expenses over to the next year? I'm not sure if I will have a profit this year due to my debts growing without any relief from my taxes. I don't want to make any more debt and go threw the same situation.
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‎July 27, 2022
8:49 AM