2024 TALA art of taxes webinar

ARTISTS! Stay up to date with information that impacts your tax liability.
Structured with artists in mind, this seminar is designed to walk you through your tax return, addressing common artist concerns and important IRS regulations pertaining to creative practices including:

· What it means to be self-employed/independent contractor

· Keeping records of income and expenses

· Business v Hobby rules as applied to tax

· Combination of W-2 and 1099 tax reporting

· What’s deductible?

· What the self-employment tax is and how it is paid?

· Using the Section 199(A) passthrough

· Estimated tax payments

· Other taxes – Sales, Franchise, Business Personal Property

· Information on the child tax credit and student loans

· How to report unemployment, PPP loans, and relief aid on individual tax returns

· And More!