Yes, we discussed about that: dissolve the C Corp. But he has big dreams, thinking about taking investors, etc so I convinced him to swich to S Corp. It’s just so cool to have a Delaware Corp 😊

You are right, it may not be a loss . I did not look at the actual label on expenses, it they COGS/inventory or actual expenses. I guess I need to put all in QB and see what I get after that.

And he may have profits for 2022. A smart kid just needs some guidance.