Sports Card Taxes, IRS Crackdown, & Hobby Business Tips | [E33] Behind the Breaks

If you sell on @whatnot , @eBay ,  @Fanatics  , or anywhere online, the IRS is watching — and 2025 is bringing the biggest tax shakeup the hobby’s ever seen.In this episode of Behind the Breaks, we sit down with Jonny Petrucco, better known as  @sportscardtaxguy  an IRS Enrolled Agent, QuickBooks Pro Advisor, and lifelong card collector who grew up running a million-dollar sports card business with his dad.Jonny breaks down how to protect your profits, avoid IRS trouble, and legally minimize your taxes as the new 1099-K thresholds return and the hobby grows more regulated. Whether you’re a full-time breaker, eBay seller, or weekend flipper, this episode will teach you exactly what you need to do before the next tax cycle.In This Episode You’ll Learn:The new IRS rules for 2025 that affect card sellers, breakers, and collectorsWhen your side hustle becomes a real business in the eyes of the IRSHow to choose between an LLC, Sole Proprietorship, or S-Corp — and why it mattersThe most overlooked deductions for card sellers (travel, grading, supplies & more)How to set up audit-proof accounting for your card businessThe truth about 1099-K forms, PayPal, and Whatnot payoutsReal stories of hobbyists who lost — or saved — thousands because of simple tax mistakesAbout JonnyKnown online as @sportscardtaxguy, Jonny combines deep industry roots with professional tax expertise to help hobby entrepreneurs turn their card hustle into a real business. His “Sports Card Tax Pack” and free discovery calls have helped hundreds of collectors and breakers navigate the IRS confidently and keep more of what they earn.Perfect For:Sports card breakers • Whatnot sellers • Collectors scaling up • Hobby shop owners • TCG entrepreneurs • Anyone turning their card hustle into a businessResources & LinksFree Discovery Call & Tax Playbook → https://sportscardtaxguy.com/contact-usFollow Jonny on Instagram & YouTube → @sportscardtaxguySubscribe to Behind the Breaks for more episodes on the business of the hobby.