If a taxpayer does not meet all of the conditions inIRS Publication 334, page 35,but is a retired self-employed insurance agent who receives residuals from sale...
After reviewing the options for both lines of work, if you believe there is one NAICS code that encompasses them, you would simply discontinue reporting the inc...
Reporting income from similar streams of income can be reported on a single Schedule C. However, a musician would typically report income under NAICS Code 71111...
The costs of building a separate structure (not attached to the house) for home office use are considered "direct expenses" of the business. Such expenses can b...
