The Bottom Line
2010 is the first year that more people in the US will buy their music digitally rather than physically. What does this mean for you? ...
Helping artists, performers, and writers become profitably creative2010 is the first year that more people in the US will buy their music digitally rather than physically. What does this mean for you? ...
Dear Rex, I’m a self-employed musician and pay for my own health insurance. How much of this can I deduct? ...
If you earned more than $400 during 2009 from work as a sole proprietor or independent contractor, you may owe self-employment tax. That’s true no matter what your age – even if you’re receiving social security benefits. ...
The IRS urges people to use care and caution when choosing a tax preparer. These 8 tips will help you choose a preparer who will offer the best service for your tax preparation needs. ...
Dear Rex, I’m an artist and I use my car for all kinds of business purposes. What can I “pay for” through my business towards travel, and what deductions should I be tracking for tax purposes? ...
The number of US adults attending an arts performance dropped to nearly 35% in 2008 from 40% in 1982, 1992, and 2002. What does this mean for you? ...
The IRS is required to adjust many tax numbers for inflation each year. Because there was little inflation last year, there’s very little change in 2010 numbers. Here are the numbers you’ll need for your 2010 planning. The maximum earnings subject to social security tax remains at $106,800. The earnings limit for those under full ...
Not saying “no” ...
Most artisans struggle to make ends meet, so talking with them about retirement savings is like teaching someone to swim in a foreign language after they’ve fallen overboard. But as I’ve preached before, planning is key ingredient in the success of any business. These steps to savings planning come from the Illinois CPA Society via ...
Delegating too much ...