The Importance Of Professional Accountants

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2023

Protect Your Side Gig's Tax Status With An Accountant's Help

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With more and more Americans turning both hobbies and new pursuits into side businesses, understanding the IRS rules for hobby vs. business ventures is more important than ever. Can your side gig pass muster if the IRS asks for more information? Here are five ways that an accountant can help you ensure that it does.  1. Determine If You Made a Profit The easiest way to convince the IRS that your side gig is really a business is to turn a profit. Read More»