Dr. Daniel Yerger, Tax Avoidance & Other Hobby-turned-Business Knowhow

Should your hobby be a business? Would you make more money if it were a business? Could being a business, in fact, cost you more money? This presentation from Dr. Dan Yerger covers the financial and tax distinctions that help keep a hobby profitable while avoiding the obligations of a business, or the necessary steps for jumping over the transition gap into a business that can rob both profit and joy from your hobby.

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Daniel Yerger is the founder of MY Wealth Planners, a Certified B Corp and Longmont's first fee-only CFP(R) Professional planning firm. He holds a Ph.D. in Personal Financial Planning and was the Leeds School of Business' first faculty in Retirement & Investment Planning.