Is that a hobby, or a business you have there? A business is not a hobby. If you engage in an activity and do not expect to profit from this activity, it is considered a hobby, and nothing may be deducted off of your personal tax returns as an expense to offset other income. However, [...][...]
Helping business owners with their business needs since 2002
bookkeeping
bookkeeping business startup
Business Checking Account
business entity
Business Miles
business or hobby
business start up
business startup
business structure
company name
corporation
creating an LLC in Wisconsin
definition of a business
do you need a federal ID number
FEIN
How to obtain a federal ID number
How to set up an LLC
limited liability company
Naming your business
partnership
personal use of vehicle
picking a name
Sales Tax
sales tax issues
Setting up a business
sole proprietorship
Standard Mileage Rate
State of Wisconsin
USE tax
What to do first
Follow Away!
Thanks for stopping by!
-
Archives
- March 2013 (1)
- February 2013 (1)
- January 2013 (1)
- December 2012 (1)
- November 2012 (1)
- October 2012 (2)
- July 2012 (1)
- April 2012 (1)
- March 2012 (1)
- January 2011 (1)
- October 2010 (1)
- April 2010 (8)
- March 2010 (3)
- February 2010 (1)
Let's Connect!
Receive Updates from the BB!- Guest Post: Check Fraud
- SCAM Alerts
- You “Gotta” Have Goals
- Guest Post for my many fans in the UK!
- Calling on your past due Accounts Receivable
- Regardless who wins the election – we will all be paying more in taxes in 2013
- Guest Post from the folks at AccountingEDU.org
- Guest Post: How Accounting Services Prevent Fraud
- Form W-4 – Employee’s Withholding Allowance Certificate
- To deduct or not to deduct – the Home Office