Uncle Sam doesn’t like the losses you’re taking for your hobbies. In this post, losses generated from a photography hobby denied.
Victor worked as business seminar organizer. In addition, he also engaged in a photography side business. He didn’t have a business plan for the photo business, didn’t keep adequate records, and used his bank account and credit cards to pay associated expenses. He also didn’t spend a lot of time in the photography activity. He also […]