|
A hobby can be a lot of fun. But not
when the IRS gets involved.
You see, when you're engaged in
what the IRS defines as a hobby, Uncle Sam can tax all your hobby income and at
the same time disallow every penny in hobby deductions!
But there's hope! Thomas A. Gullion
won more than $17,000 in tax benefits when the court ruled that his
music-business tax-losses were fully deductible as business
losses.
How did Mr. Gullion win his
important case? You'll find out when you read my new, free article titled Music
Business Beats the Unfair Hobby Loss Rule.
Three ways our fact-filled article can
help you:
1. You'll learn how Gullion won his
tough battle. To rebut the IRS's charge that his
business was really a hobby, Gullion presented some extremely convincing
evidence. You'll learn exactly what it was when you Read
the FREE article.
2. We'll explain why the court
ruled in the plaintiff's favor.
The court considered six regulations that helped Gullion win his case. We'll
list all the relevant regulations and explain the court's decisions when you Read
the FREE article.
3. We'll tell you four ways to stay
out of trouble. Solid
documentation of the "business" aspect of your activity is vitally
important. We'll list four ways for you to provide IRS-acceptable
documentation when you Read
the FREE article.
To get started, CLICK
HERE. You'll get a no-obligation 7-day
FREE trial during which you can read, not only the article I mentioned above,
but all of our helpful tax-saving
tips from the last two months. This trial is absolutely free and there are no
strings attached. That's a personal promise.
Sincerely,
W. Murray Bradford, CPA
Publisher
Tax Reduction Letter
|
 |
|
|
No comments:
Post a Comment