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Is it a Business or a Hobby?

USA - September 18 2019 By Joseph A. Bellinghieri, Esquire- If you are operating an activity that you think is a business but generates a loss each year, you may think you…

The Pennsylvania Tax Benefit Rule Compared to the Federal Rule

USA - September 17 2019 One of the questions I am often asked by clients is why does Pennsylvania impose tax on income in one year when I have had losses in the same…