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Posted by: toshamc at Thu Feb 19 10:03:23 2009 [ Email Message ] [ Show All Posts by toshamc ] In general -- if you plan on making money you need to plan on paying taxes -- you can file a separate schedule C for your hobby with your personal tax return but you need to plan on showing a profit from your hobby within a few years of start up. You can expense all costs of housing, maintaining, marketing your animals. You should probably have an accountant walk you through the first filing at least. | ||
>> Next Message: RE: Tax Deductions? Input Please! - illbeyoursoldier, Thu Feb 19 10:32:54 2009 | ||
<< Previous Message: Tax Deductions? Input Please! - illbeyoursoldier, Thu Feb 19 09:47:19 2009 | ||
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