Uncategorized

Is your breeding a program a Hobby or a Business? And does it matter? A plain-English guide to the nine factors the IRS uses to decide whether your breeding program is a business — and what it costs you if they decide it isn’t. There is a question sitting underneath every tax return a breeder…

Many ethical breeders pour their hearts into raising healthy, well-socialized puppies and kittens—but still struggle to make their breeding program financially sustainable. The problem usually isn’t a lack of dedication. It’s that most breeders were never taught how to run the business side of their breeding program. As both a CPA and a former Maine…