Question: Amos began a business, Silver LLC ( a single - member LLC ) , on July 1 , 2 0 2 1 . The business

Amos began a business, Silver LLC (a single-member LLC), on July 1,2021. The business extracts and processes silver ore. During 2024, as a result of a decline in demand for silver ore, Amos expect to generate a large loss. Identify the relevant tax issues for Amos.

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