A business is not stock speculation and they are not taxed the same way. Losses can not be realized greater than gains. i.e. if you put $10k into the market and turn it into $14k, you’ll pay gains tax on $4k, but if you turn the $10k into $5k, you have no profits to offset the losses.
You only lose if you win, you don’t win if you lose.
A business is not stock speculation and they are not taxed the same way. Losses can not be realized greater than gains. i.e. if you put $10k into the market and turn it into $14k, you’ll pay gains tax on $4k, but if you turn the $10k into $5k, you have no profits to offset the losses.
You only lose if you win, you don’t win if you lose.
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