I started my small business as a DEA in 2023. So far I’ve made about $600 but I’ve spent about $3000 just starting my business on things like education, website design, things like that. I’m hoping to make more money by the end of the year, but it definitely won’t be more than what I have spent. So do I just clean deductions on the business expenses? Do I do anything with the money I’ve made, if it’s not technically a profit?
