Las Vegas Business Attorney Las Vegas Business Attorney
Call or Text - Free Consultations 702-420-2733

July 2017 Archives

Hobby vs. Business | What You Need To Know

When should my hobby become a business? It sounds like a simple question but there isn't a simple answer, unfortunately. Whether it's sewing, painting, cooking, or performing - any hobbyist and business owner should understand the IRS's rules for what qualifies as a business or a hobby. Whether your venture is a hobby or a business affects your tax liability. In addition to the tax implications, you should also consider your legal requirements and protection.

Contact The Firm

Leah Martin Law
6671 Las Vegas Blvd. S
Ste 210
Las Vegas, NV 89119

Phone: 702-706-1149
Fax: 702-330-3235
Map & Directions