Programs

The Schedule C Hobby Loss Exam

Program Details

We all handle IRS exams, but what do you do when the IRS believes your client’s “business” is not a business at all? This program will review the Hobby Loss rules under IRC 183 and what practitioners should do before and during the exam to help save those claimed losses.

Host a Program with Eric Green

Learning Objectives:

  • Understand the hobby loss rules
  • Explain the 9 factors the IRS uses to determine if an activity is a business or hobby
  • Identify things the practitioner can do with clients to bolster their case that the activity is not a hobby

Host a Program with Eric Green