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If you have a mixed self-employment situation where 2 activities are lucrative but 1 of the activities has losses for the 2nd consecutive year, can that trigger problems?
With problems I mean: can the IRS ask you to close this branch of self-employment?
Actually the losses are due to costly certification procedures which until this point turn all income from this branch of self-employment into losses (a situation that may continue for another couple of years).
Actually the losses are due to costly certification procedures which until this point turn all income from this branch of self-employment into losses (a situation that may continue for another couple of years).
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‎June 5, 2019
4:03 PM