Hobbies, such as woodworking, stamp collecting and scrapbooking, are often done for pleasure but can result in a profit. But if you're lucky enough to make money from your hobby, it may have tax implications. You must report income to the IRS from almost all sources, including hobbies.

If you’ve recently updated your status from single to married, you’re not alone; late spring and summertime is a popular period for weddings. Marriage also brings about some changes with your taxes. Here are several tips for newlyweds from the IRS. Notify the Social Security Administration It’s important that your name and Social Security number match on