Blog
What Type Of Business Should I Be?
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 own.... Then...
Is it a business or a hobby?
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 for...