Quote:
Originally Posted by 357xp
If you are claiming all your trapping expenses the tax man should be helping you out instead of killing you....if your expenses are higher than fur income. There's a lot of things u can claim. After all, it's a business.... ![Smile](images/smilies/smile.gif)
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Unfortunately businesses can't continue losing money year arfter year otherwise CRA will deem that there is no expectation of profit and therefore ...it ain't a business.