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.
As gratifying as it may be to make a living off your art, the tough reality of being an independent artist is that you’re required to handle not only the creative side, but all aspects of the business. This includes filing tax returns with the good folks at the Internal Revenue Service (IRS).
Whether you’re just starting out or on the path to pursue a full-time career as a professional musician, you want to make sure you educate yourself with the basics around filing taxes and creating an accounting system for your finances related to the business. Even though tax returns are due in April, it’s never too early to learn, especially if you want to take this music thing more seriously.
In this blog, I’ll cover common questions newer artists pursuing music professionally may have about filing taxes as a self-employed musician. Read More