Episode Details
Back to EpisodesLegitimately beat the tax collector
Description
Making your hobbies tax deductible. Now, I'm not an accountant, a lawyer, or a financial adviser. I'm not qualified in any way to give you tax advice other than telling you things I've experienced myself over many years, and also I've had probably over a thousand lawyers and accountants, either in my mentor program or in audiences, that have cleared this idea as sound. Now, you need to check with your financial advisers, but I think you'll see this is a relatively simple idea, at least in the USA.
Screw The Commute Podcast Show Notes Episode 292
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05:05 Tom's introduction to Making Hobbies Tax Deductible
10:11 Getting tax deductions with a side business
12:43 The USA is one of the best countries to start a business
15:46 Here's how the basic idea of starting works
20:33 Getting competent tax advice from a tax professional and attorney
23:35 Using freelancers and making more money than your regular job
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Related EpisodesVladimir Adonis - https://screwthecommute.com/291/
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