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From: papa@pollux.usc.edu (Marco Papa)
Newsgroups: comp.sys.amiga
Subject: Re: Re:Byte by Byte / WordPerfect
Message-ID: <23203@usc.edu>
Date: 3 Mar 90 09:34:44 GMT
References: <87.25D6A8B2@afitamy.fidonet.org> <27063@cup.portal.com> <132421@sun.Eng.Sun.COM>
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Just a positive note to add to Chuck's comprehensive article. If you are
a sole proprietorship (or even a husband-wife partnership), the tax breaks
of having your own business are quite large. Everything that you buy and
that has a business purpose can be included in Schedule C.  And recent
IRS decisions make it such that one does not even have to show a profit every 
three years (like it was before), but show that one is making an effort at
having a profit.  Having a business is still one of the few tax shelters
left from the tax reform of 1986.

-- Marco
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