I'm not an accountant, but I was always under the impression that income for small businesses is not how much money they take in, but the amount of money left over after business expenses. Which would mean your parents don't have much income if their business isn't profitable at the moment.
kthroyer24 karma
I'm not an accountant, but I was always under the impression that income for small businesses is not how much money they take in, but the amount of money left over after business expenses. Which would mean your parents don't have much income if their business isn't profitable at the moment.
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