Michael S. asked
Regarding freelancing and tax loopholes, if I don't make it an official business and treat it more like a hobby, how would this affect my taxes? Additionally, what is the bare minimum I could make monthly for it not to be taxable, and can I legally classify payments to a friend for a project as a charity to potentially reduce my taxes?
August 31st, 2024
Cathy S. answered
If you treat your freelancing as a hobby rather than an official business, your income would be repo...
August 31st, 2024
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