One good thing about trading is that all you have to do to become a trader is get started. Many people trade as a hobby, while others trade full-time for a living, and some traders...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 10/16/2022
Investing in yourself is an excellent long-term move you can take. You can invest in yourself in several ways which will yield tremendous output in the long run.Ask yourself if you're...
Posted by Rosovich & Associates, Inc. on 01/01/2022
Musicians are sometimes in the news for one tax case or the other, which can be embarrassing as it is viewed as a dent in their career. From composers to teachers of music, performers,...
Posted by Dennis Jao on 07/31/2021
Many pet owners consider their domesticated part as part of the family.Uncle Sam, however, disagrees with this claim, which explains why you cannot claim your beloved cat, dog, hamster...
Posted by KLSM CPA Firm PLLC on 06/24/2021
Many people have hobbies like playing the piano or bead making simply for fun and do not expect any special monetary compensation from it. Some hobbies might require a couple...
Posted by KLSM CPA Firm PLLC on 03/17/2021
The gambling industry in America is booming because fresh casinos and sports betting centers are springing up in various parts of the country. People that enjoy gambling know and realize...
Posted by Tiffany Gaskin on 01/06/2021
We all have that one activity we love to do. It is something used to take our minds off the stress of the day; it is our escape. However, there comes a time when this activity becomes...
Posted by Tiffany Gaskin on 12/03/2020
Everyone seems to have side hustles these days, but is your side hustle a hobby, trade, or a business? Even if you consider your hobby business in the United States, the IRS may disagree...
Posted by Abundant Wealth Planning LLC on 07/24/2020
Year in and year out, taxpayers are being audited to ensure they adhere to tax rules. Getting a letter from an auditor increases as your income increases. About 1 in 160 taxpayers...
Posted by James Financial Services Inc on 05/31/2022
