should i make my hobby a business – The Burns Firm – Advisors of Complex Financial Matters

Hobby or Business? How to Treat COVID-19 Sideline Activities for Taxes

July 23rd, 2020|Categories: Accounting, Business, Services, Tax, Tax Cuts, Tax Deductions, Tax Planning, Tax Preparation|Tags: CPA Dallas, do I pay tax if my hobby is porfitable, is my hobby a business, is my hobby taxable, should i make my hobby a business, The Burns Firm, what is a hobby, what is tax treatment for a hobby|

Today, many people sell homemade products online or work on some unincorporated sideline venture outside of their regular day jobs. Such activities can generate extra spending money. This can be [...]