31 min
Calligraphy Hobby v. Business The Shinah Show
-
- Entrepreneurship
“You can sell your calligraphy without having an official business - but you’ll want to weigh the pros and cons” - Shinah
If you’ve ever dreamed of selling your calligraphy to make some extra cash, but you don’t want the hassle of a full-on, official business, this super practical episode will help you weigh the pros and cons.
How the IRS defines hobby v. business for tax purposesThe PROs and CONs of creating an official business in order to sell your calligraphyUnderstanding the LETTER of the law and the INTENT behind the various tax and legal requirements in order to better understand the actual RISKS when it comes to this decision (hint: they’re not as big as you might be imagining) The TWO EASIEST WAYS to start selling your calligraphy from a legal and logistical perspectiveI also briefly discuss Seller’s Permits, the simplest way to track expenses and income, and the easiest way to accept payments.
If you want to sell your calligraphy, whether it’s as a hobby or as a business, please know that it’s absolutely possible and DOABLE.
—————
FOLLOW:
Follow along with my Radical Business Experiment of 2023 over on Instagram: @crookedcalligraphySUBSCRIBE:
Love podcasts? Listen to The Shinah Show wherever you get your podcasts, and leave us a review on Apple Podcasts!
“You can sell your calligraphy without having an official business - but you’ll want to weigh the pros and cons” - Shinah
If you’ve ever dreamed of selling your calligraphy to make some extra cash, but you don’t want the hassle of a full-on, official business, this super practical episode will help you weigh the pros and cons.
How the IRS defines hobby v. business for tax purposesThe PROs and CONs of creating an official business in order to sell your calligraphyUnderstanding the LETTER of the law and the INTENT behind the various tax and legal requirements in order to better understand the actual RISKS when it comes to this decision (hint: they’re not as big as you might be imagining) The TWO EASIEST WAYS to start selling your calligraphy from a legal and logistical perspectiveI also briefly discuss Seller’s Permits, the simplest way to track expenses and income, and the easiest way to accept payments.
If you want to sell your calligraphy, whether it’s as a hobby or as a business, please know that it’s absolutely possible and DOABLE.
—————
FOLLOW:
Follow along with my Radical Business Experiment of 2023 over on Instagram: @crookedcalligraphySUBSCRIBE:
Love podcasts? Listen to The Shinah Show wherever you get your podcasts, and leave us a review on Apple Podcasts!
31 min