You, Inc. is a business, so you need to act like one. You should look as professional as possible. This includes everything from business cards to websites. I was just out of college and someone recommended me to do a little arrangement of a pop song. Not only did I Read more
Let’s assume that anyone reading this knows that the sum total of all the money an individual earns is called the gross. It is reported by your employer to the Federal Government in the form of a wage and tax statement called a W-2, and a copy is sent to Read more
When a musician buys an instrument or equipment that has a useful life of longer than one year, he or she can depreciate it over the tax life of the item—usually seven years. This has the effect of spreading out the deduction over time. An alternate course would be to Read more
Relevance, regardless of your profession, depends heavily upon the expertise you command. For a musician, if you have a broad knowledge of music, are comfortable playing in a wide variety of styles and know something about music history and theory, you’ll have the breadth. Now comes the depth part. You Read more
When I was younger I’m sure I didn’t think “Big Picture” as much as I do now, but today with countless projects under my belt, I’m always thinking big. I suppose it was also a function of my job at the Eastman School. As a senior administrator and Director of Read more
Office in HomeIn our homes or apartments, musicians all have a room in which they practice or teach, but for that room to be considered a home office and deducted on our taxes, it must meet certain requirements established by the IRS. For example, that part of your home must Read more