The Artist vs. Taxes: Not the David and Goliath Battle You Think It Is
Artists typically find themselves dreading April. It's not because of the rain, or even the impending lack of air conditioning. It's because they face the task of filing the tax return they've inevitably put off until the last minute, and they have no where to turn. more...
Keeping records is vital to a successful business. I have included a list of items that you should keep track of in the taxes section.
Things to consider regarding keeping records:
Get and keep a ledger, either on your computer or by hand, of all your income and expenses.
Keep track of your billing and collection of those payments
Clients range from part-time entertainers to seasoned industry professionals who need tax return preparation, consulting or audit work related to their recording label expenses and royalty income, and other services.
Provides extensive income tax information for individuals, businesses and nonprofits, and makes documents and forms for filing and completing federal tax returns available for downloading.