RobertB4444
Expert Alumni

Business & farm

Profits are not important.  Operating the business is.  In this case product development and product development expenses sound like you're operating a business to me.  If I wanted to come over right now and take a look at what you were working on as a potential customer down the line would you make a presentation for me?  If the answer is yes then your business is in operation and you should treat it as such.

 

Good luck in 2025!

 

@Anonymous 

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