Earlier quoted context omitted.
> The US tax code is very clear on that point and is not open for debate. Anyone who has ever worked with an accountant knows this isn't true. The law is a series of gray areas at best. You can have three accountants do your taxes and get three results, because each applies different interpretations to the laws. And going in front of a judge won't get extra clarity -- three judges would give you three different opini…
I love how you're being called out for how wrong you are on this thread, but somehow manage to double down and always ask "but what about?..."
It’s all gray areas. See my sibling comment about how to write off future profits.