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Tax Minimization Program + Guest Appearance on The Free Retiree Show

Small Business Tax Savings Podcast

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What Is Determined to Be a Hobby or a Business?

A hobby is something that continuously loses money with no intention or motive to ever turn to profit. Even though you can have a business that sure feels like a hobby, but it's actually a business. You can operate sole proprietorship. And i'm sure man'll tell you why that might not be a good idea,. But wen, we're talking about what is determined to be a business, we need to look at profit motive.

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