Futuristic Business Stories
With health care, housing, food, and transportation costs increasing every year, many retirees on fixed incomes wonder how they can stretch their dollars even further. One solution is to move to Continue reading Choosing Retirement Destinations
If you are having trouble paying your debts, it is important to take action sooner rather than later. Doing nothing leads to much larger problems in the future, whether it’s a bad credit record or Continue reading 5 Ways to Financial Improvement
More than 52 percent of businesses today are home-based. Every day, people are striking out and achieving economic and creative independence by turning their skills Continue reading The Home-Based Business: Basics to Consider
For the last few months, because of the decline in market value of Bitcoin, there has been less talk and enthusiasm about “investing” in Bitcoin, or “hedging inflation” with Bitcoin.
However, Bitcoin may rebound and this Bitcoin Fever may well re-appear with constant discussion and debate regarding Continue reading Bitcoin is Property on Federal Taxes
Millions of Americans have hobbies such as sewing, woodworking, fishing, gardening, stamp and coin collecting, but when that hobby starts to turn a profit, it might just be considered a business by the IRS.
Definition of a Hobby vs. a Business
The IRS defines a hobby as an activity that is not pursued for profit. A business, on the other hand, is an activity that is carried out with the reasonable expectation of earning a profit. Continue reading Hobby or Business? Why It Matters
