Quote Originally Posted by calvinandhobbes View Post
he's stated that his accountant believes there no problem with purposefully operating a business such that there is no profit. nevermind the IRS specifically calls that a hobby.
And please don't forget that his business is now "worth in excess of 50K." I'm still waiting on some sort of documentation of that claim. I won't get it though. I've only asked about 50 times.