Structured with the unique circumstances of musicians 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.
- What it means to be self-employed/independent contractor
- What the self-employment tax is and how it is paid
- Keeping records of income and expenses
- Which expenses are deductible
- What is needed to prepare your taxes
- Estimated tax payments
- Business vs. hobby rules
- Sales tax and employment tax
- Home office expenses
About the Speaker: Lisa Sretenovic, CPA/CITP/CGMA
Lisa, a shareholder of The Mangold Group, is an entrepreneurially oriented professional delivering financial and organizational efficiencies to increase the profit in small and large companies. She manages client relationships with customized schedules of services in accounting, tax, strategic planning, budgeting, analysis, process improvement, and training. In addition to 20 plus years of experience, Lisa holds the AICPA Certified Information Technology Professional (CITP), a unique credential designed specifically for the CPAs who have a wide range of documented IT competency. She particularly enjoys the education of financial literacy to non-profits and entrepreneurs. Lisa is a current professional volunteer for artists and arts organizations through TALA and is a past TALA board member.
This project is supported in part by the Cultural Arts Division of the City of Austin Economic Development Department.