Louisiana Digital News

Is your side hustle a business or a hobby for taxes?

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How to make money from home. How to make passive income. How to make money while you sleep. It’s everywhere. Everyone has a side hustle it seems. Are you prepared for the tax ramifications? Is it a business or is it a hobby for tax purposes? Why does it matter? Watch this video for more info.

Find out more about me:
https://www.wootencpa.com/about

For help with individual (including clergy/pastor/missionary) taxes: https://www.wootencpa.com/individuals-tax-preparation

For help with business & nonprofit taxes:
https://www.wootencpa.com/business-tax-preparation

For business & nonprofit accounting / finance consulting:
https://www.wootencpa.com/businesses-consulting

For tax help, IRS liens, levies, tax debt, penalties, etc:
https://www.wootencpa.com/tax-help

For articles about tax and finance topics:
https://www.wootencpa.com/blog

Visit my company website: https://www.wootencpa.com/
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*Disclaimer: All information contained in my videos are for general educational purposes only. These videos are not meant to be used as tax advice for any specific individual, business, or other entity. You should consult with a CPA or other professional before making any decision that impacts your tax and financial responsibilities. Additionally, I am not a Certified Financial Planner and I do not give investment advice. Any information contained in my videos related to budgeting, finances, or investments are solely my opinions and are not intended to influence specific decisions you may make as it relates to your finances.

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