How does the Internal Revenue Service classify a legitimate business from a hobby? Nayo Carter-Gray joins us on the podcast this week to share her nine-question test for making sure you’re on the right track when it comes to proving you’re running a legitimate shop. Nayo is the owner and founder of 1st Step Accounting, a virtual accounting, and tax preparation firm located in Baltimore, MD, who makes accounting a little less taxing for small business owners like you.