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Originally posted by want2believe
I would tell you not do anything crazy. You could probably get away with it for a while but unless you are rich and powerful you will get into alot of trouble. I cant say why I know, but you will most likely get cought. However I have to say this we all have to pay so why should'nt you. No offence intended. One other thing with the government needing more and more money they will be even more intent on getting the money.
Originally posted by Crakeur
reply to post by TheComte
gotta be cautious with that. The IRS has rules against hobby losses being deducted. You need to be able to show that you are doing this as a business and not a hobby.
The most audits I see these days are schedule c audits.