How Often Can You Take a Business Loss on Your Taxes?

January 16, 2018

Derrick Alford gives you insight on how often you can take a business loss on your taxes.

 

The Internal Revenue Service has no strict rule for how often a business may declare a loss, but abuses of business loss write-offs have led the IRS to develop audit techniques to determine whether or not a business is, in fact, a for-profit enterprise.

 

 

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