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Old 10-08-2004, 12:17 PM
singinjeannie singinjeannie is offline
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Default Re: Why do you overspend?

Thanks for the positive feedback. I need that.

I have a great accountant (my sister-in-law) who always gets us every deduction she can get us. At this point this year, we've taken a loss on the one business, but intend to keep plugging away at that to try to turn it around.

The ebay thing is kind of wierd. It's not a real business at this point -- just a glorified garage sale. I'm certainly not making much on it right now!!! Do I have to claim it as income? Probably, because the IRS wants all they can get.

I should also be able to claim some of my car expenses because I do quite a bit of driving for my EcoQuest business. I've put many, many miles on the car making placements and trying to achieve sales.

Thanks for all the help.

-Jean
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