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Re: Skiluc post# 134603

Sunday, 11/08/2020 9:37:41 PM

Sunday, November 08, 2020 9:37:41 PM

Post# of 156724
How true. Well said.


Don’t worry about future taxable income until the very first revenue by the company is reported. Why worry about taxable income if your not sure you can even generate revenue. GAAP is beautiful, and requires no rush to profitability or revenue or tax breaks on future income before a time it is actually necessary to make a meaningful impact on the sheets.




$TTCM


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