I started a business over 20 years ago in the direct sales industry and it was my primary income for about 17 years. I have stopped working it, but still enjoy minimal sales from existing clients. I have widdled down the expenses over the past few years, but have still filed it. It has been showing a loss for almost 5 years. I don't feel right claiming the deduction, but I have not officially closed the business. I am not sure what to do. Thank you.
