Net Operating Loss – A simple How-to

Finished up my taxes after much trepidation and procrastination. The final tally: a Net Operating Loss – which means I lost money in 2008 and don’t owe the IRS a cent. Yippee? For the curious, here’s a simple diagram that explains how to achieve such a feat:

2008 04 15 Water and Power DimsAPPROXfigs

2008 04 15 Water and Power 25ft FrontDims

Translation: Just agree to enlarge your job by 50% without a commensurate increase in compensation – or, just be a frickin’ idiot.
That is all.

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