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An article about tax tips for working musicians
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barbequebob
3168 posts
Feb 23, 2016
12:17 PM
Here's an article about some tax tips for those who may be working musicians or plan to think about being one that's worth checking out:

Tax Tips For Working Musicians
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Sincerely,
Barbeque Bob Maglinte
Boston, MA
http://www.barbequebob.com
CD available at http://www.cdbaby.com/cd/bbmaglinte
STME58
1593 posts
Feb 23, 2016
4:12 PM
Good article. I am not a working musician but I found it interesting. My wife is a chaplain and her tax concerns are similar to those in the article. It kind of makes me think of some of the discussions that have gone on about the similarity of and the competition between the church and the juke joint!
barbequebob
3170 posts
Feb 24, 2016
10:57 AM
I know from experience and from pros telling me that when it comes to doing taxes as a musician, especially as a pro, none of the tax software really is truly adequate and every musician is better off getting them done by a tax accountant that specializes in the entertainment industry because tax laws constantly change, not only from the Federal government, but from state to state, county to country, city to city as well and those guys are pros that keep up with it and often can find deductions you may not be aware of an often the money you save far outweighs the cost (and that cost 100% tax deductible). A musician friend of mine, after years of trying to do it himself, finally broke down and got one, and the accountant had him look over his taxes from the previous three years and wound up getting an extra $3500 back that he fully and legally entitled to but didn't know about.
----------
Sincerely,
Barbeque Bob Maglinte
Boston, MA
http://www.barbequebob.com
CD available at http://www.cdbaby.com/cd/bbmaglinte


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