- May 28, 2013
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Intuit’s Small Business Blog published Do You Have a Hobby or a Business?, touching on how the IRS determines how to classify the effort. As far as the federal government is concerned, a hobby is not a profitable endeavor. If a potter spends all day crafting bowls and vases, gives most of the inventory away, […]
Intuit’s Small Business Blog published Do You Have a Hobby or a Business?, touching on how the IRS determines how to classify the effort. As far as the federal government is concerned, a hobby is not a profitable endeavor. If a potter spends all day crafting bowls and vases, gives most of the inventory away, […]