In the last two years ive started up my firewood business again. Ive bought several pieces of equipment and have been spending quite a bit on supplies and repairs this year. I think it would be worthwhile to declare my income and be able to write off my expenses. I was wondering if anyone could tell me whats involved in setting up a legitamate firewood business, and what I would need to do in order to file taxes and write off expenses. It will not be my only source of income, I have a job also, but it will make up a large part of it.
thanks for the help.
Jerah
thanks for the help.
Jerah