danielsdundee
- 57
A gal from the gym and I were talking about taxes. I told her I'm a Consultant with the Pampered Chef and that I was inputting all my deductions and she told me that you can only show a loss on your business for only 3 years in a row then a red flag might come up for a poss audit. Is this true?? I'm working on my 3rd year starting next month and I'm freaked out about the poss of an audit. With all the mileage, ect that we do I can't see how you can not take a loss on your business. I do my taxes on Turbo Tax and feel really good now about doing it. Thanks for sharing your input.