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Business or Pleasure: Determining if Your Hobby is Considered a Trade

btallman - July 08, 2016
Business or Pleasure: Determining if Your Hobby is Considered a Trade

What is a Trade or Business?Simply put, a trade or business must satisfy the need to make a profit.  If you don’t plan to make a profit, then this is not a business, it is a hobby.  The reason for…

Read more about Business or Pleasure: Determining if Your Hobby is Considered a Trade

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