What is a "Write Off"?
In honor of tax day, an ode to Seinfeld, and must-read for all the side hustlers, solo entrepreneurs, and yoga teachers out there...
TL;DR
If you have a side hustle, take the quick and easy step of forming an LLC. Not only will it help protect you individually if your business is ever sued, but you can take advantage of the tax benefits of owning a business.
Say you’re a yoga teacher. You can expense things like: the miles you drive to the studio; a room or office you use to teach onl…
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