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Red Rocks

Member Since 24 Mar 2012
Offline Last Active Jan 29 2015 09:18 PM

#74432 Taxes - Business Or Hobby?

Posted by Red Rocks on 29 January 2015 - 08:40 PM

I spent a lot of years working in the high tech field, most for venture backed start-ups that did not make money for years!  So I would agree with the comments in this thread that say, run it like a business and as long as your losses are documented, the IRS can not demand that you be profitable, otherwise a third of Silicon Valley would be put out of business!

#24936 The Guilty Pleasure

Posted by Red Rocks on 09 November 2012 - 02:49 AM

Not wedging. I do, in fact, feel guilty about that. Posted Image

I really like NOT wedging and don't feel the sligthest bit guilty about it.