Tax season is here, and for independent artists, it's a unique challenge. But it's also an opportunity. Here's how you can tackle it head-on: - Report all income, from artwork sales to royalties. - Calculate self-employment tax accurately. It's part of your dual role! - Maximize deductions. Remember, ordinary and necessary expenses count. "Self-employment tax is a reality for independent artists, but with careful planning, it need not feel overwhelming," advises John Doe from Tax Savvy Inc. His words remind us that knowledge is power. With the right approach, you can turn tax time into a success. Keep records tidy. Pay quarterly taxes. Seek professional advice if needed. Which tip will you implement this tax season? Reporting income, mastering self-employment tax, or maximizing deductions? #IndependentArtist #TaxSeason #SelfEmploymentTax #ArtBusiness
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Join me and Hannah Cole from Sunlight Tax on Thursday, 1/18 for a FREE live webinar and get • motivated • clarified • empowered • inspired around your TAXES! Have you ever experienced: • a gigantic, unexpected tax bill, because you didn't pay taxes quarterly? • panic-bookkeeping an entire year at once at tax time, because you didn't keep it up throughout the year? • missing 1099s, lost receipts or an "oh shit" moment realizing you were supposed to issue your product photographer and website designer 1099s? • fights with your partner over losses in your business, or unpaid quarterly tax bills? • existential dread about your partner's reaction to your tax situation, and by extension, your career? During this event you'll get to hear the ins and outs of being a self-employed creative pro and the responsibilities you have to the IRS. I want you to leave freeling empowered and confident in your understanding of your money and taxes so that you can really focus on what you do best...making your art. Click the link below and register for this FREE hour long conversation with a tax expert who works ONLY with us creative folx. WHAT: Taxes for Artists FREE WEBINAR WHO: TJ Walsh & Hannah Cole, Artist, Tax Pro + Founder of Sunlight Tax WHEN: Thursday, January 18 at 4pm EST PRICE: Free https://lnkd.in/eTM63qcw
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Join me and Hannah Cole from Sunlight Tax on Thursday, 1/18 for a FREE live webinar and get • motivated • clarified • empowered • inspired around your TAXES! Have you ever experienced: • a gigantic, unexpected tax bill, because you didn't pay taxes quarterly? • panic-bookkeeping an entire year at once at tax time, because you didn't keep it up throughout the year? • missing 1099s, lost receipts or an "oh shit" moment realizing you were supposed to issue your product photographer and website designer 1099s? • fights with your partner over losses in your business, or unpaid quarterly tax bills? • existential dread about your partner's reaction to your tax situation, and by extension, your career? During this event you'll get to hear the ins and outs of being a self-employed creative pro and the responsibilities you have to the IRS. I want you to leave freeling empowered and confident in your understanding of your money and taxes so that you can really focus on what you do best...making your art. Click the link below and register for this FREE hour long conversation with a tax expert who works ONLY with us creative folx. WHAT: Taxes for Artists FREE WEBINAR WHO: TJ Walsh & Hannah Cole, Artist, Tax Pro + Founder of Sunlight Tax WHEN: Thursday, January 18 at 4pm EST PRICE: Free https://lnkd.in/enhnRZzG
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Attention all artists and performers! 🎭🎤 Navigating taxes can be as complex as your routines, but we're here to help. Dive in for crucial tax advice and learn how to avoid those tricky tax traps. https://ow.ly/j6G150QP6Ka Keep your finances in the spotlight! #TaxTipsForEntertainers #EntertainmentCPA
Navigating Tax Season: Essential Tips and Common Pitfalls for Entertainers — Liggett, Melzer & Joshi CPAs P.C.
lmjcpas.com
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Attention all artists and performers! 🎭🎤 Navigating taxes can be as complex as your routines, but we're here to help. Dive in for crucial tax advice and learn how to avoid those tricky tax traps. https://ow.ly/KNic50QP6Kb Keep your finances in the spotlight! #TaxTipsForEntertainers #EntertainmentCPA
Navigating Tax Season: Essential Tips and Common Pitfalls for Entertainers — Liggett, Melzer & Joshi CPAs P.C.
lmjcpas.com
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Attention all artists and performers! 🎭🎤 Navigating taxes can be as complex as your routines, but we're here to help. Dive in for crucial tax advice and learn how to avoid those tricky tax traps. https://ow.ly/1jLi50QP6K9 Keep your finances in the spotlight! #TaxTipsForEntertainers #EntertainmentCPA
Navigating Tax Season: Essential Tips and Common Pitfalls for Entertainers — Liggett, Melzer & Joshi CPAs P.C.
lmjcpas.com
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September 15th Tax Deadlines: What You Need to Know Business owners, mark your calendars! September 15th is a big day for taxes. 1. Estimated Tax Payments If you're a freelancer, small business owner, or have income from things like rental properties, your third quarterly estimated tax payment is due. This helps cover taxes on income that doesn’t have automatic withholding. 2. Business Tax Return Deadlines If your partnership, multi-member LLC, or S corporation requested an extension, September 15th is your final chance to file those 2023 returns (Form 1065 or 1120-S). Missing this deadline can cost you in penalties! 3. Trusts & Estates For trusts and estates on a calendar year, the third installment of estimated tax is also due. Why Does It Matter? Failing to meet these deadlines means penalties and interest, which no business owner wants. Make sure your financials are in order, and if you're unsure, consult a tax pro for help. Don't wait—prepare now to avoid costly mistakes! Need help navigating your taxes? Reach out today for expert advice! With over 45 Years of Excellence in NYC, Isaacson Associates' Real-World Marketecture has guided over 10,000 clients on their path to prosperity by providing specialized printing services and promotional products that create memorable brands, ignite consumer passion, and boost bottom lines. Isaacson Associates - Get Noticed. Be Remembered. Real World Marketects. ☎ / 917.841.9741 • 📩 / steve@isaacsonassociates.com
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Headshots = Tax Write-off! I recently realized that not everyone understands that your headshots and commercial photography are most likely a tax write-off as a marketing expense. Why It Matters We live in a world where first impressions count big time. A pro headshot or commercial photo isn't just a great picture; it's your calling card to the business world. It says, "Hey, I mean business, and I'm darn good at it too!" Tax Breakdown 101 So, how do you turn those flashy photos into sweet tax breaks? It's all about following the IRS dance steps: Keep the Evidence: Hold onto that invoice. Trust me; you'll thank yourself later. I email everyone an invoice right after their session. Show Your Work: Whether they're for your website, marketing materials, or just to jazz up your LinkedIn profile. Team Up: Don't go it alone! Chat with a tax whiz who can guide you through the ins and outs of claiming those deductions. They're like your tax-saving sidekick. Smile, You're Saving! So, there you have it—turning your headshots into tax wins is totally doable. It's like getting a bonus smile with every click of the camera. So go ahead, flash those pearly whites, snap away, and watch those deductions roll in. Happy snapping and saving, folks!
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Award-Winning Director/Choreographer. Founder of Amplified Artists. Host of the Theater Life Uncensored podcast.
Tax season just got a whole lot easier…and dare I say fun?!? I'm excited to announce the return of the Crush Your Taxes group challenge! Taxes can be overwhelming and annoying, especially for artists like us. So, let's join forces and make it a stress-free experience together! 💪😎 We’re gonna go step-by-step through the entire process and break everything down into bite-sized pieces. You’ll get to enjoy the support and accountability of a group, while also learning expert tips and strategies to maximize your deductions…which boosts your refund check to new heights! 💸💰 Don't miss out on this incredible opportunity to conquer your taxes while connecting with fellow artists. It's time to turn tax stress into refund success! 🎉 This is an exclusive challenge inside Amplified Artists, but guess what? You can easily join us, even for just this challenge! (And while you’re there, you can take advantage of our entire library of trainings and workshops, download any of our resources, and get feedback on anything ya want!) In other words, join our community for as long or short as ya want. There are no contracts or longterm commitments. 👉 All of the details are at https://lnkd.in/exPWj3Kf!
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Ever wish you had a secret weapon to conquer the tax season and boost your financial confidence so that your creative biz was running on all cylinders?? Well, you're in luck! 🚀 I'm suuuuper excited to invite you to my upcoming Tax Breakthrough Webinar, featuring the incredible Hannah Cole from Sunlight Tax. Whether you're a small business owner, freelancer, or creative genius, this webinar is tailor-made to demystify taxes and empower you with knowledge. 🗓 Save the Date: Thursday, January 18, 4-5pm ET In this power-packed hour, Hannah and I will gab about all things: 1. Tax Hacks for Creatives: Hannah, not only a seasoned tax pro but also an accomplished artist, will spill the beans on tax strategies specifically crafted for artists and creative entrepreneurs like you. 2. Money-Saving Tips: We'll touch on how to uncover hidden deductions, maximize credits, and keep more of your hard-earned money where it belongs – in your pocket. 3. Q&A Session: Got burning tax questions? Bring them to the table! This is your chance to pick the brain of a tax expert who speaks the language of creatives. Hannah's engaging style and wealth of knowledge make navigating the tax landscape a breeze. Trust me; she'll have you thinking taxes are more of an art than a science! Ready to level up your financial game? Click the link below to reserve your FREE spot now: 👉 https://lnkd.in/eTG2qgyD If you register to join the FREE webinar with Hannah and I, you'll get access to Hannah's Visual Guide to Tax Deductions - a great way to get started - it's a one-page visual reference with all the special tax rules from an artist/tax pro. AND an invitation to join her free class about making taxes easier and stashing an extra $130k in your savings - happening in Feb! Don't let taxes stress you out in 2024. Let's make this the year you conquer the financial frontier together!
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Find out more about tax planning tips before you say 'I Do' via our new blog post from Langhorne Tax & Bookkeeping, Inc. Just click below.
Video Tips: Love & Taxes: Essential Tax Planning Tips Before You Say 'I Do'
langhornetax.com
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