If it is true that the only certain things in life are death and taxes, this workshop will make navigating one of those things considerably easier. We’ll review federal income tax basics for creative individuals, including common deductions claimed by creative entrepreneurs and key changes to pay attention to following last year’s tax legislation.

We’ll also outline how the tax landscape changes based on the type of income an artist earns and highlight key aspects of tax law that impact financial wellness, including saving for retirement. We’ll conclude by reviewing some tips and best practices to keep excellent records going forward.

As part of this workshop, we will:

• Review the overall income tax landscape for common federal and state filings.
• Identify ordinary and necessary deductions common to creative businesses.
• Identify records to retain for tax purposes and effective systems for tracking expenses and income.