In today’s shifting economic landscape, many people have chosen to take their hobby to the next level and start a side hustle. That might leave them with questions about tax, and an upcoming workshop can help Pineville residents make the most from their small business.
Registration is now open, and the two-hour-long session will explore taxes from the perspective of the individual who is trying to decide whether or not their enterprise is really a small business when it comes to tax deductions. The event will be facilitated by tax expert Laurie Johnson, and everyone is welcome to register free of charge.
During the workshop, the attendees will discover the criteria the IRS uses to determine if an enterprise qualifies as a small business or if it is just a hobby, especially when it comes to tax deductions. They will be walked through the five factors used by the government to make this determination, and will also find out about one important step they can take to make sure they will be considered a profit-making enterprise.
When hosting a session of this type, the organizers can make it even better by preparing packets of information to give to each registrant. These can include Brochures, promotional Pens, and other items.
This casual yet informative event has been scheduled for August 12. Pineville’s Middle James Brewing Company will act as the venue for the morning.
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