Trapping Radio – 99 – Why you should make your trapping into a real business, part one
Manage episode 428954474 series 3527797
his Week on Trapping Radio we are going to look at why you need to turn your trapping into a real business. Having a business gives you a massive advantage over a trapper that has to pay all of his trapping expenses with after tax income. You might be surprised to find out that you may have $5,000 to $ 50,000 of tax-free money you can’t take advantage of if you treating your trapping like a business. We will look into what the government is planning on doing and if you are not covering your back side. You might find yourself working for years to pay off a IRS bill. Don’t be this guy. The rules for money are set up for a business, not a hobby. Our world is changing, so get into the game of being a profitable trapper.
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