Five Tips to Make Your Hobby Tax Deductible
- Friday, August 17, 2012, 2:00
- Entrepreneurs
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Will the IRS pay for your hobby? The short answer is no. The more nuanced answer is sometimes, provided that you make it enough of a real business. If you want to avoid any IRS hassles my standard advice is to keep your business and personal pursuits separate. But most of us like two-fers, and current economics make multipurposing even more compelling.
http://www.forbes.com/sites/robertwood/2012/08/16/five-tips-to-make-your-hobby-tax-deductible/
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