CARES ACT

After a week of Congress members and the Trump administration proposing various plans to get cash into the hands of Americans to help them weather the coronavirus crisis, the Senate appears to have landed on a plan. While details are still being negotiated, it appears likely that what changes to the cash measures […]

IS IT A BUSINESS OR IS IT A HOBBY?

Is Your ‘Business’ Just a Hobby? Is Your Business Just A Hobby Just because you make some money off it doesn’t mean your hobby is a business — at least, not according to the IRS. Photo: fasteddy76 The difference between businesses and hobbies is that you have to prove that your hobby is […]