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An Entity of Type : prov:Entity, within Data Space : webisadb.webdatacommons.org associated with source dataset(s)

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  • If your business sustained a loss, such as a fire that destroyed your home office, you can certainly report this loss to the IRS. However, if you start reporting business losses for more than one year, you may become subject to IRS scrutiny (i.e., audit) under the suspicion of having a hobby rather than a business.
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