Taxes

**hwichlaz** · 01-12-2018, 10:04 AM

I don't know how many years is normal, but most small businesses operate in the red for the first few years. Mine was 3.

**Blackcat31** · 01-12-2018, 11:02 AM

Originally posted by Core12

How many yrs is normal to report a loss on taxes?

This article might have the info you are looking for

The Perils of Operating at a Loss — Taking Care of Business

http://tomcopelandblog.com/the-perils-of-operating-at-a-loss

Family child care is a for-profit business. Although some child care providers do earn a reasonable income, many others do not. In 2007 I surveyed over 500 child care providers for my book on money management. I found that 74% reported a business profit of less than $20,000, and only 5% made a pr

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