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Old 12-28-2002, 03:21 PM
dhicks dhicks is offline
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Join Date: Apr 2000
Location: Gulf Shores, AL
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The answer is subjective to the size of the company claiming business expenses. The ratio of expenses should be inline with profits, or profit potential. In other words, I would not claim more than I spent in expenses. Also, at what point is your expenses going to wave a red flag at the IRS?
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