How does this work? What is the process?
We are available by phone or email for a free initial consultation. After you decide to be a client, we will provide you our exclusive Tax Expenses for Musicians and Artists worksheet. Our main goal is to go through your expenses and thoroughly review all possible deductions that are listed. We will take the time to gain a total understanding of all situations, expenses and problems unique to your needs as a professional artist or musician. Payment is made before your tax preparation. We will explain the fee and it can be deducted on future tax returns. PayPal and personal checks are all accepted.
All services are provided remotely by phone, email and regular mail and we are available flexibly during daytime, evening and weekend hours.
What is the cost for your services?
You will find the fees very affordable and competitive – and in most cases, our clients receive a bigger refund with the specialized, expert advice we provide. Typically, we can find tax savings that will far more than offset the cost of preparation. Of course, each person’s tax needs are unique, depending on your sources of income such as any additional freelance businesses or self-employment, sales of property, your types of expenses, which forms you need to file, and other factors.
How should I prepare for my taxes? What information or records do I need?
Please have ready:
How long does it take to prepare and file my taxes, and receive any refunds?
Preparation time depends on your individual situation, but you will receive prompt attention and we will discuss the timeframe. The most important thing is to do the job thoroughly and accurately, and maximize all the deductions you are entitled to receive. Your taxes will be e-filed for you, and we will provide you with pdf files of the completed tax forms. We use the latest professional software to e-file your return quickly and efficiently. After that, refund processing is in the hands of the IRS. Typically, most refunds take a couple weeks.
What kinds of expenses can I deduct?
Musicians, artists, and other creative freelancers have unique self-employment and business expenses. This is where our specialized knowledge will really help you. We can advise you as to exactly what to deduct. For our clients, we email a complete, printable worksheet of all the potential expenses to track. To give you an idea, here is a partial list of some of those expenses - and you may be surprised to find out how many more you can deduct!
I'm just a struggling artist, not a wealthy celebrity. Do I really need a tax service?
Yes, absolutely! Our tax service will help, no matter your income level. The IRS says all self-employed people who receive 1099 forms must file a tax return, regardless of income.
And if you were paid all in cash or checks, and you made more than $400 for the year, the government imposes a self-employment tax of 15.3% in addition to federal income taxes. We can help and advise you to maximize your deductions and keep more of the money you work so hard to earn as an artist.
We are available by phone or email for a free initial consultation. After you decide to be a client, we will provide you our exclusive Tax Expenses for Musicians and Artists worksheet. Our main goal is to go through your expenses and thoroughly review all possible deductions that are listed. We will take the time to gain a total understanding of all situations, expenses and problems unique to your needs as a professional artist or musician. Payment is made before your tax preparation. We will explain the fee and it can be deducted on future tax returns. PayPal and personal checks are all accepted.
All services are provided remotely by phone, email and regular mail and we are available flexibly during daytime, evening and weekend hours.
What is the cost for your services?
You will find the fees very affordable and competitive – and in most cases, our clients receive a bigger refund with the specialized, expert advice we provide. Typically, we can find tax savings that will far more than offset the cost of preparation. Of course, each person’s tax needs are unique, depending on your sources of income such as any additional freelance businesses or self-employment, sales of property, your types of expenses, which forms you need to file, and other factors.
How should I prepare for my taxes? What information or records do I need?
Please have ready:
- 1099 tax forms
- W-2 tax forms
- 1095 healthcare tax forms
- Laptop, tablet, or smartphone with internet access for your own use, to pull up records/documents etc.
- Credit card statements
- Receipts
- List of touring or travel locations and dates
How long does it take to prepare and file my taxes, and receive any refunds?
Preparation time depends on your individual situation, but you will receive prompt attention and we will discuss the timeframe. The most important thing is to do the job thoroughly and accurately, and maximize all the deductions you are entitled to receive. Your taxes will be e-filed for you, and we will provide you with pdf files of the completed tax forms. We use the latest professional software to e-file your return quickly and efficiently. After that, refund processing is in the hands of the IRS. Typically, most refunds take a couple weeks.
What kinds of expenses can I deduct?
Musicians, artists, and other creative freelancers have unique self-employment and business expenses. This is where our specialized knowledge will really help you. We can advise you as to exactly what to deduct. For our clients, we email a complete, printable worksheet of all the potential expenses to track. To give you an idea, here is a partial list of some of those expenses - and you may be surprised to find out how many more you can deduct!
- Music Downloads, CD’s, Mp3’s
- Dry Cleaning of Performance Clothing
- Dues to professional organizations
- Car Rental
- Insurance of professional equipment
- Business meals
- Musical instruments
- Sheet music
- Art supplies
- Computer equipment and software
I'm just a struggling artist, not a wealthy celebrity. Do I really need a tax service?
Yes, absolutely! Our tax service will help, no matter your income level. The IRS says all self-employed people who receive 1099 forms must file a tax return, regardless of income.
And if you were paid all in cash or checks, and you made more than $400 for the year, the government imposes a self-employment tax of 15.3% in addition to federal income taxes. We can help and advise you to maximize your deductions and keep more of the money you work so hard to earn as an artist.