What can I deduct? Do I bring receipts to my accountant? Is my art a business or a hobby? What is a Schedule C? How do I deduct my home studio? Why do freelancers have to pay taxes quarterly, and how do I do that? Hannah Cole, artist, tax expert, will discuss the basic tax equation, self employment tax and the estimated quarterly tax system, audit concerns for the creative person, and other tax issues specifically relevant to artists and makers, followed by a question and answer period. Hannah Cole is the founder of Sunlight Tax, which specializes in friendly, informative tax preparation for artists, and engaging, art-world savvy tax education workshops for artist groups, and in empowering creative people to set up for long-term success and take control of the financial side of their careers through her program, Money Bootcamp.
Taxes for Artists, Freelancers and Creative Businesses is part of the Craft Your Commerce Workshop Series Next Level Financials and Operations.
This is a HYBRID class. For those who wish to meet in person it will take place at the Center for Craft in the Ideation Lab. For those who wish to meet virtually, a zoom link will be sent upon registration. Please email Lilley@mountainbizworks.org with any questions or concerns.
