Скачать или смотреть Side Business Tax Write-Offs Explained | CPA Guide to Deductions, Startup Costs & IRS Rules

Side Business Tax Write-Offs Explained | CPA Guide to Deductions, Startup Costs & IRS Rules

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Описание к видео Side Business Tax Write-Offs Explained | CPA Guide to Deductions, Startup Costs & IRS Rules

Learn how to start a side business, claim tax deductions, and avoid IRS hobby loss rules with this guide. I’m Merrill Taylor, CPA, who helps high earners and business owners cut taxes proactively. In this video, I’m breaking down how to start a side business the right way so you can legally take deductions and save on taxes without running into IRS problems.

Here’s what I’ll cover:

✔️ How the IRS decides if your activity is a business or just a hobby
✔️ The rules for deducting startup costs vs. operating expenses
✔️ What you can write off: gear, laptops, vehicles, home office, and more
✔️ Bonus depreciation vs. Section 179 — which one to use in 2025 and beyond
✔️ Material participation and at-risk rules — how to make losses actually count
✔️ Common mistakes that lead to IRS scrutiny
✔️ Real examples of side businesses and how deductions work in practice

By the end, you’ll know exactly how to structure, document, and run your side business so your deductions stick and your tax strategy stays solid.

📺 Watch now if you want a clear, professional explanation of how these new tax rules work and how to plan for them

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