Is Your Side Hustle a Business or a Hobby?
Your side hustle brings in a bit of money, but you still consider it a hobby. Which is it — business or recreation? It is important to make the right choice when you file your taxes. Below are some of the factors to consider, all of which should be weighted equally, in trying to decide […]
5 Tips for Avoiding a Small-Business Audit
Just the words “IRS audit” are enough to make most people roll their eyes or groan in pure agony. More specifically, business owners in particular often fear being audited by the IRS. That said, there are numerous steps people can take when they are eager to mitigate the risks of being audited. Even though there […]
