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Tax Court Rules That Blogger Is Subject To Self-Employment Tax

Tax Court Rules That Blogger Is Subject To Self-Employment Tax

Originally published on Forbes.com, Blogging is coming of age as a business.  How can I tell?  Tax litigation. Kevin A. Clark Jr. was representing himself in Tax Court.  It did not go well. During 2012 Mr. Clark worked six to eight hours a day, seven days a week as a...
TIGTA Pushes IRS To Crack Down On Hobby Loss Deductions

TIGTA Pushes IRS To Crack Down On Hobby Loss Deductions

Originally published on Forbes.com. The Treasury Inspector General For Tax Administration (TIGTA) does not think the IRS has been aggressive enough in pursuing hobby loss cases. Section 183 “Activities not engaged in for profit” denies deductions in excess...