Austrian Economics and the Business Cycle | Robert P. Murphy; how to file taxes for a Home business with a loss?

Robert Murphy presented this sample lecture from the Mises Academy’s inaugural online course, “Understanding the Business Cycle,” on 17 April 2010. Dr. Murphy is author of the forthcoming book “Lessons for the Young Economist,” and is the instructor of the forthcoming online course, “Principles of Economics,” starting 7 September 2010. You may download the slide presentation, here: docs.google.com For more information, visit academy.mises.org Music by Kevin MacLeod.
Video Rating: 4 / 5

Question by rachel b: how to file taxes for a Home business with a loss?
I have a small home business that I had a loss on this year. It is my first year having a business and was wondering if i could just file a 1040 ez since I had a loss.

Best answer:

Answer by lola_falula
If you are running a home business, you should DEFINITELY get a CPA that specializes in business. You’d be ammmmmazed the things that will be deductable!
Good Luck. :)

Know better? Leave your own answer in the comments!

Bookmark/share via AddInto

Sony sees record $6.4 billion loss on tax hit

TOKYO (Reuters) – Japan’s Sony Corp flagged a record $ 6.4 billion annual net loss, double an earlier forecast and a fourth straight year of red ink, as it writes off deferred tax credits, heaping…


Reuters: Money

April 2010 Held like animals in chains, cages and even medieval stocks, mentally ill Balinese are subjected to unbelievable remedy. Yet good Samaritan Dr Suryani is dedicated to putting a stop to this torture. Most women her age are taking it easy, but not psychiatrist Dr Suryani. I help people who are not being helped. I want to remind the families, society and the government that these people are not useless. Her work is an example of how the right treatment can get excellent results. But her initial government funded budget has now been slashed by 90% threatening the existence of the medical program: treating in a hospital requires much more funding than the funding (required for) giving the responsibility to the community and to the doctors in the local clinics. This lack of resources and financial support is putting Suryani and her volunteers under pressure. What future do Balis mentally ill have now? Produced by SBS Dateline, Distributed by Journeyman Pictures
Video Rating: 4 / 5

Bookmark/share via AddInto