Question by : What type of banking is needed to start a small online business? What type of banking is needed to start a small online business? Hello, Me and my Friend want to start a website selling items. We are not sure about banking though, what bank account we need and how to open… Continue reading What type of banking is needed to start a small online business?
Category: Home Business Questions
I started an online business in 2007 can the IRS deny my advertising deductions?
Question by : I started an online business in 2007 can the IRS deny my advertising deductions? I started an online business in 2007 but because of the economy had a loss every year till 2010. Can the IRS deny my advertising deductions because of the profit motive issue? If so It would bankrupt me… Continue reading I started an online business in 2007 can the IRS deny my advertising deductions?