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To: Your Nightmare
Why should I worry? I'm just trying to run a business. So they audit me and find out what? That my business is losing money? Are they going to fine me for that?

I doubt it but if you are not operating with a profit motive, which is what it appears to me, then you loose your exemption.

Do you have any idea how many people actually make a living doing something similar to what I described? These are just individuals working out of their homes. Some of them earn well into the 6 figures on Google ads alone. Is the government going to tell me I can't do the same?

Did you read anything I wrote? If they are making money its a business with a profit motive and result..

So much for freedom. Darn.

So much for your spin LOL..

Chew on this for awhile:

The FairTax, Tax Evasion, and the Underground Economy

http://www.fairtaxvolunteer.org/smart/under_economy.html

277 posted on 09/15/2005 7:49:19 PM PDT by rolling_stone (Question Authority!)
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To: rolling_stone
Did you read anything I wrote? If they are making money its a business with a profit motive and result..
Evidently profit is the only difference. So now I must keep records of my expenses and revenues so that I can show the government how much profit I've made.

This sounds very familiar...
285 posted on 09/16/2005 4:47:18 AM PDT by Your Nightmare
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