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https://raleighnc.gov/doing-business/events/partner-event-faq-tax-pros-starting-business-side-hustle-person
03/27/2026 11:45 am

29
Wednesday
April 2026
1–3 p.m.

Partner Event: FAQ for Tax Pros: Starting a Business as a Side Hustle (in-person)

Add to Calendar 2026-04-29 13:00:00 2026-04-29 15:00:00 Partner Event: FAQ for Tax Pros: Starting a Business as a Side Hustle (in-person) Hosted by Wake TechStarting a side hustle is exciting — but understanding the tax impact is critical from day one. Whether you're freelancing, selling products online, consulting, or providing services, the IRS considers this business income, even if it’s part-time. That means proper reporting, tracking expenses, and planning for self-employment taxes are essential. Key tax considerations include: Choosing the right business structure (Sole Proprietor, LLC, S-Corp) Tracking deductible expenses (home office, mileage, software, supplies) Understanding self-employment tax obligations Making quarterly estimated tax payments Keeping clean records to avoid penalties City of Raleigh America/New_York public
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Hosted by Wake Tech

Starting a side hustle is exciting — but understanding the tax impact is critical from day one. Whether you're freelancing, selling products online, consulting, or providing services, the IRS considers this business income, even if it’s part-time. That means proper reporting, tracking expenses, and planning for self-employment taxes are essential.

Key tax considerations include:

  • Choosing the right business structure (Sole Proprietor, LLC, S-Corp)
  • Tracking deductible expenses (home office, mileage, software, supplies)
  • Understanding self-employment tax obligations
  • Making quarterly estimated tax payments
  • Keeping clean records to avoid penalties
Event Type:
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