Bless Your Heart

I’m filing our taxes this weekend and I thought I’d share a tax break. You can deduct hobby expenses as long as they don’t exceed hobby income. So, to all of the crafting, scrapbooking, painting people I know- save your receipts! There are some other deductions that aren’t commonly known are: safe deposit box rental, tax prep & filing fees, investment fees. The details on all of this can be found here, at the IRS’s website.