What Type Of Business Should I Be?

What Type Of Business Should I Be?

by | Dec 13, 2017 | Blog

About once a month I get asked by someone, “what type of business should I be?” Most of us default to a sole proprietor (self employed), which covers everything from freelance work, to selling Doterra essentials oils, to having a small firm like my...
Is it a business or a hobby?

Is it a business or a hobby?

by | Dec 12, 2017 | Blog

Is it a business or a hobby? To my DJ friends, this is a good one for you to consider, for example, when you get paid to play a set here and there. The IRS totally cares how you are reporting that income, because of the different tax implications – for you, and...