staxes
New Member

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).