- Days left
TurboTax is offering a pretty cool promotion:

Got a tax question? Get it answered by a livetax pro - FREE! (A $29.95 Value). Through January 31, 2009, you can get one tax question answered FREE by a TurboTax expert (up to 20 minutes). It's easy.


Click here to submit the question online, and they'll call you within 24 hours.

Increase your money and finance knowledge from home

Banking Services 101

Understand your bank's services, and how to get the most from them

View Course »

Intro to different retirement accounts

What does it mean to have a 401(k)? IRA?

View Course »

TurboTax Articles

When the IRS Classifies Your Business as a Hobby

If your business claims a net loss for too many years, or fails to meet other requirements, the IRS may classify it as a hobby, which would prevent you from claiming a loss related to the business. If the IRS classifies your business as a hobby, you'll have to prove that you had a valid profit motive if you want to claim those deductions.

Add a Comment

*0 / 3000 Character Maximum