Art Business: Taxes As Well As Bookkeeping For Artists

I've frequently come upward across artists who say me they're non skilful at bookkeeping or keeping rails of their records of income too expenditure for taxation purposes.

I vividly recall 1 eve spent trying to assistance a friend who was a main silversmith overstep his accounts together too beingness faced past times his shoeboxes amount of invoices too receipts.......

Anyway - I came across this video too it seemed similar 1 which a lot of people mightiness sentry if this is an surface area where you'd similar to create better.

It contains a lot of practical too valuable advice near what you lot tin too cannot do.

Bear inward heed this is an American accountant talking near what American artists tin too cannot create - soundless for the most business office the full general principles are the same inward most countries.

It provides a checklist of things to review for the purposes of what you lot tin claim against taxation too how you lot require to spread expenses against income.  Obviously sales taxation is really specific to the province or province you lot alive in.


Taxes & Bookkeeping for Artists - Steven Goldglit from New York Academy of Art on Vimeo.

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