D dreamer New member Sep 15, 2009 #1 So say I have a business. In 2008 I make $50,000 and my expenses is $20,000. So when its time to do taxes, I am only taxed on $30,000?
So say I have a business. In 2008 I make $50,000 and my expenses is $20,000. So when its time to do taxes, I am only taxed on $30,000?