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irga5000 [103]
3 years ago
9

If a business has not made a profit,

Law
2 answers:
sattari [20]3 years ago
6 0

guessing just a

i think all expenses are pre tax

like

employees' pay & putting capital back in the business

whatever is left over is taxable

Westkost [7]3 years ago
5 0
It can Claim a deduction on earned income and therefore will not owe federal nor state taxes
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