The IRS defines a business expense as something that is common, accepted, helpful, and appropriate to your trade or business. Most musicians operate as sole proprietors, thus they are considered a business that can make deductions from their expenses. Before being able to make deductibles, you must file a Schedule C as part of your annual tax return.
John Kennedy
Crispy information
Adolph Gottlieb
Titian
Mark Twain
No comments:
Post a Comment