Reading Time: 2 minutesBy: Gregory Carnes, Contributor to the South-Western Federal Taxation series For individual taxpayers, what is worse than having a revenue-generating hobby? Nothing!! This is even more true after the Tax Cuts and Jobs Act of 2017. If an activity is determined to be a hobby, rather than a business, there are a number of deduction limitations placed on activity. These […]
What Is Worse than a Hobby?
