Ask the Tax Czarina: Hobby or Business?
In previous posts, SFWA’s own “Tax Czarina” discussed some basic tax issues writers face, bartering, and the 1099 Misc. form. This week’s post focuses on how the IRS differentiates hobbies from businesses.
In previous posts, SFWA’s own “Tax Czarina” discussed some basic tax issues writers face, bartering, and the 1099 Misc. form. This week’s post focuses on how the IRS differentiates hobbies from businesses.
Last week, our own “Tax Czarina” discussed some basic tax issues writers face. This week’s Q&A, focuses on bartering.
Each week, for the next month, the SFWA Blog will feature FAQ’s related to taxes and writing. Our own “Tax Czarina” will answer some.
You stare at the stark, white envelope for several moments, afraid to touch it, like it’s radioactive. That look your mail carrier wore as she handed over the day’s mail (…there but for the Grace of God…) suddenly makes sense.
A letter from the Internal Revenue Service. Nothing can ruin your day–or month–faster.