It’s definitely a business, it’s just been slow getting started. It’s registered as a business in both the country where it is located and in the US. It has an ...
Also, I don’t see anything on the link you provided that talks about the 3 out of 5 year rule (it’s a business if you show a profit in 3 out of 5 years) I thoug...
Thanks Champ. My estimated tax payment is large enough to cover the tax if my deductions are disallowed. I am more concerned with the audit and penalty. Are the...
I can't seem to edit the previous post, so let me add this information if it's relevant:My business has its own bank accounts in the country where it's located....
