When is Your Side Business Really a Hobby?

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If you have a side gig, you may be less concerned over profits than if it was your main job. However, if it's really a hobby, you could be liable for extra taxes. Here's how to tell the difference between a business and a hobby.


Erin F.

Erin F.

Tampa, Florida, United States

I specialize in the business side of small business — accounting, finance, and law — along with personal finance issues that impact small business owners such as credit cards and insurance. My clients include accounting firms, law firms, banks, tech companies, and marketing ag...

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