How to convince the IRS your business is just that

10/17/2011 | Fox Business Small Business Center

The Internal Revenue Service might try to reclassify your business as a hobby if you operate in a "fun" industry such as photography or travel writing and have lost money five years in a row, Bonnie Lee writes. To stave off reclassification, which will reduce your ability to take deductions, open a business bank account, keep up on your accounting and advertise your business, she writes.

View Full Article in:

Fox Business Small Business Center

Published in Briefs:

SmartBrief Job Listings for Business

Job Title Company Location
Manager, Technical Staffing
U.S. Cellular
Chicago, IL
Human Resource Director
Confidential
Salt Lake City, UT
Vice-President of Global Sales
Lindsay Corporation
Hartland, WI
Chief Operations Officer
Delta Community Supports
Blue Bell, PA
Administrative Management Specialist
Smithsonian Institute
Washington, DC