A Business Question

[Tvak@AOL.COM]

I want to thank everyone who responded to my query for their honest and 
candid replies.  Clearly I need to look into the situation and make sure that 
I am handling my business the legally correct way.  

When I first started out, I separated everything out for my CPA. Since my 
losses were much greater than my income in that first year of my tuning 
business, I thought this might be a tax advantage for me, and I kept that 
income and all those expenses in a separate file----separated from my other 
income and expenses.  But nope, he just piled them all together.  I still 
keep separate financial ledgers for each area of income, but before it goes 
to the IRS he combines all my income, and all my deductions, too.

Seeing how others are handling their business incomes makes me wary that 
perhaps I need to do this differently.  

Thanks again for all the input,

Tom Sivak