Sole proprietors have tax form options when it comes to reporting business income.
The new method may be easier, but you have to run the numbers both ways to see which is best.
Don't cheat yourself. Even savvy small-business owners forget about these deductions.
Does your pastime make money? Turning it into a business could provide tax advantages.
The protective gear is tax deductible, but do the math to be sure it makes sense to itemize.