Do you have a hobby that has become profitable on eBay, Etsy, or social media? If so, the IRS may consider your hobby a business, and certain income tax consequences may result.
About CCLM Law
Originally founded by Ron Clark in 1988, Clark, Campbell, Lancaster & Munson, P.A. has grown steadily as a result of our commitment to recruiting and retaining talented, hard-working, and caring attorneys and staff, to being dedicated to giving back to our community, to providing our clients with professional, timely, and quality legal services, and, generally, to provide excellent, responsive, and result-oriented services to our clients. We strive to keep our clients informed and involved and are proud to have developed long-term relationships with our clients.
Entries by CCLM Law
Q: What type of medical conditions can be treated by medical marijuana in Florida?
Q: What are the general requirements for the Federal Historic Tax Credit?
Q: I recently downloaded a mobile app without reading the Terms of Service. What concerns should I have?
Q: Do I have to design my business’s website or mobile app to be accessible by individuals with disabilities?
Q: Can my business get in trouble for sharing third-party content on its website and social media page?
Q: I recently purchased a road bicycle from my local bike shop and plan to take to the road. What laws do I need to know?
Q: Can a homeowner’s association foreclose on me even when I have a mortgage?
Q: What is a collaborative divorce? Can the process be used in a business divorce?
Q: When does a tenant become an owner for tax purposes?