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The IRS believes that your Schedule C business is actually a hobby. Which of the following places the burden of proof on the IRS? you
The IRS believes that your Schedule C business is actually a hobby. Which of the following places the burden of proof on the IRS?
you advertise once a month in your local newspaper | ||
You pay a professional bookkeeper | ||
you spend less than 20 hours a week on the activity | ||
you earn a profit during the last 3 out of 5 years | ||
All the answers places the burden of proof on the IRS |
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