What kind of deduction is a hobby expense?

التفاصيل البيبلوغرافية
العنوان: What kind of deduction is a hobby expense?
المؤلفون: McKinley, John, Godwin, Thomas
المصدر: Journal of Accountancy; Mar2024, Vol. 237 Issue 3, p32-35, 4p
مصطلحات موضوعية: INCOME tax deductions for charitable contributions, PATENT suits, TAX courts, TAX court decisions, COST, LEGAL judgments, INCOME tax
الشركة/الكيان: J. Paul Getty Museum
مستخلص: The article discusses a recent Internal Revenue Service campaign to curb abuse in the pandemic-era Employee Retention Credit (ERC) by sending disallowance letters to over 20,000 taxpayers. Topics include the focus on preventing misuse of the ERC, the issuance of disallowance letters, and the broader efforts to address potential abuses in tax credits during the pandemic.
قاعدة البيانات: Complementary Index