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  2. Tax Tips: Is it a hobby or a business? - AOL

    www.aol.com/news/2008-04-09-tax-tips-is-it-a...

    You've started a little enterprise in your garage or spare bedroom. And now it's tax time and you're ready to reduce your taxes by taking a whole bunch of deductions for this "business." Stop ...

  3. Internal Revenue Code section 183 - Wikipedia

    en.wikipedia.org/wiki/Internal_Revenue_Code...

    This means, for example, that a knitter who does not qualify to call knitting a "trade or business," can deduct only the expenses of the hobby up to the amount gained by the hobby. The cost of yarn and other expenses as well as depreciation on a knitting machine may be deducted against the sale price of the scarf sold, but not against the ...

  4. Non-developmental item - Wikipedia

    en.wikipedia.org/wiki/Non-developmental_item

    The term was first coined in 1986 by the US Congress. [2] According to the Federal Acquisition Regulation, a non-developmental item is: [3]. Any previously developed item of supply used exclusively for governmental purposes by a Federal agency, a State or local government, or a foreign government with which the United States has a mutual defense cooperation agreement;

  5. Navigating the fine line between business and hobby - AOL

    www.aol.com/lifestyle/navigating-fine-line...

    Science & Tech. Shopping. Sports

  6. State-owned enterprises of the United States - Wikipedia

    en.wikipedia.org/wiki/State-owned_enterprises_of...

    The United States federal government chartered and owned corporations operate to provide public services. Unlike government agencies such as the Environmental Protection Agency, the Bureau of Indian Affairs, or independent commissions, such as the Federal Communications Commission, the Nuclear Regulatory Commission, and others, they have a separate legal personality from the federal government.

  7. Government procurement in the United States - Wikipedia

    en.wikipedia.org/wiki/Government_procurement_in...

    For example, the Department of Defense (DOD) FAR Supplement can be found at 10 CFR. Government contracts are governed by federal common law, a body of law which is separate and distinct from the bodies of law applying to most businesses—the Uniform Commercial Code (UCC) and the general law of contracts. The UCC applies to contracts for the ...

  8. Navigating the fine line between business and hobby - AOL

    www.aol.com/entertainment/navigating-fine-line...

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  9. Business.gov - Wikipedia

    en.wikipedia.org/wiki/Business.gov

    Business.gov was launched in 1997 as the U.S. Business Advisor by the National Technical Information Service of the United States Department of Commerce.The U.S. Business Advisor aimed to improve interaction between businesses and government agencies by providing a single resource for finding tools, how-to guides, frequently asked questions, current items of interest, and information on doing ...