Quote:Oh yeah, the thieves in gvt do not like competition.Make sure you read the latest info.
Don't know what the rate is but it use to be you only had so many years to make a profit.
Been a while since I looked into it.
With the Wife and I both owning a business I have enough tax info that floods my head for those types of business.
Thank God I have a great tax accountant that is to the letter of the law cause the IRS audits small business more than any other.
Go figure huh? The big boys get away with creative accounting yet they come after us the ones taxed to death.