Side Hustles and Taxes
Most side businesses don't begin with a business plan. They start because someone picks up a freelance project, sells a few things online, delivers food after work, or helps a friend with bookkeeping. Before long, there's money coming in. The mistake is assuming it's still "just a side hustle." The amount of income isn't what matters. The people who eventually turn a side hustle into something meaningful are usually the ones who start treating it like a business long before it looks like one....