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 […]
IRS Tools and Resources To Help Small Businesses
The small business pages on IRS.gov serve as comprehensive guides for people looking to navigate the entire life cycle of their business as well as their business-related tax obligations. If you are starting a business and need assistance figuring out the appropriate form of business entity to establish, these pages are valuable resources. Additionally, you […]