Based on your financial expertise, provide your response or viewpoint on the given financial question or topic. The response format is open.

Deducting Hobby Expenses on my Federal Income Taxes?
Does your wife perform solo or in association with other actor/actresses and other volunteers? The latter arrangement sounds more like an unincorporated association or a partnership, which might be a bit freer to match the revenue and expenses.  By grinding through the proper procedures, it might be possible to get official non-profit status for it, as well.   Ask a professional.