Skip to main content

The Difference Between a Hobby and a Business

In this edition of the Mr. Know-It-All segment of the IRS Radio Hour: Jim and I answer a question sent in from a viewer named Jake Smith who asks, "is your business just that or is your auditor telling you it's a hobby, what should you do?"

Here at Opem Tax Resolutions, we know how to deal with small businesses who are just starting out because we are a small local business ourselves! We work hand in hand with your business to ensure that you have the piece of mind that you need when starting your own business. For more information, give us a call at (312) 664-6649 or visit us on the web at ChicagoTax Team.com.

Rate this guide


Recommended articles about Business

Can’t find what you’re looking for?


Post a free question on our public forum.

Ask a Question

- or -

Search for lawyers by reviews and ratings.

Find a Lawyer