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Tax Questions: Is Your Hobby Really a Business?

Tax Questions: Is Your Hobby Really a Business?

By Guest| 2017-03-21T14:20:00-05:00 November 11th, 2013|

Over the years, I have regularly helped my clients with their tax audits after the IRS determined that their businesses were really hobbies. Filing taxes as a sole proprietor of a business means you can take advantage of tax deductions you may not have access to if your activity is a hobby, so it’s important [...]

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Make Extra Money This Summer: Turn Your Hobby Into a Business

Make Extra Money This Summer: Turn Your Hobby Into a Business

By Ilyce Glink| 2017-06-21T11:24:05-05:00 May 30th, 2013|

Being self-employed requires passion and determination. With some hard work and creative thinking, you can turn your favorite hobby into a small business that makes money and helps you achieve your financial goals. Almost 15 years ago, the manager of the gym where I was working as a bookkeeper asked me if I wanted to [...]