Please Note: I am not a financial advisor or tax consultant. The contents of this blog is for educational purposes only. Nothing contained here is financial, legal, tax or accounting advice. Be sure to talk with a professional tax consultant or accountant if you’re unsure about filing taxes as a musician. The information contained is specifically for those who live and work in the United States.
Have you started bringing in income from music and you’re unsure of how to prepare for taxes?
Being able to earn money as a musician is the first key step from something just being a hobby to becoming a full-time professional. Unfortunately, this is also where income taxes kick in and things can get complicated quickly.
In this blog, which is part 2 of my beginners guide for filing taxes, I’ll cover 5 fundamental tips on how independent artists should get started with accounting for their music business. Also, I share a list of expenses you may be able to write-off as a musician. Read More