Taxes - Using your business/aquarium expenses for write-offs?

[andsoitgoes]

good point - thanks for bringing that up, that's acutally a huge help.

But then how does that go for people who are huge fish fanatics but also run pet stores? but I guess that's where the test comes in, and is why I'm going to focus on profit this year, so they'll see the balance. Now, if I can just get people to buy things.

And hey - psychological benefit? GUH - How about psychological STRAIN!! I should write off therapy bills from the heck this has caused me!!! :P

Originally Posted by EmilyB

Well, it's not so much business as businesses that could be interpreted as a hobby.

Hobby and Personal Benefits




Not that you get any pleasure out of reefkeeping...

I just wanted to point it out so people don't think because they sell a few frags, they can write off their aquariums.