Keep the IRS from Saying Your Business is a Hobby

There’s little doubt that most POMA media members have “fun” jobs. That’s a negative in the eyes of the IRS. So, if you have fun writing, shooting pics or video or other pursuits and you file a schedule C with your tax return, becareful. If you claim to lose money five years in a row, beware.  If you’re classified as a hobby… deductions fly right out the window. Don’t let that happen.


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Thanks for your interest,
POMA Management