(Excerpted from Discmakers.com) – As April 15th rolls around, thousands of working musicians will be scrambling to get their receipts organized as they prepare last year’s tax returns. For most anyone making money with music, the onus is on you to make the most of the various deductions that can be taken on your federal and state income taxes. To answer some questions and help you prepare for the inevitable, I spoke with veteran CPA and tax guru, Alan Friedman to get some tax tips for musicians.
Read the tips here: Tax tips for the working musician ¬– Disc Makers.