The Arts & Business Council has a fantastic workshop opportunity for those of you doing the side hustle. If you're a sole proprietor with mixed or nontraditional income sources and you're struggle to understand how this affects your taxes and lending options, this workshop is for you! Presented in partnership with Kraft CPAs and the Nashville Ballet, this workshop will help any artist learn the Do’s and Don’ts for managing finances. Topics will include:
Record keeping guidance – what you’ll need to get your taxes in shape
Taxes for your sole proprietorship – how to use a schedule C and when you should consider forming an entity to avoid personal financial liability
Deductions – what you can deduct when you donate your art and other business expense deductions
What artists can do to make themselves more competitive for mortgages or other types of lending
Make sure to reserve your spot for $15 at the link below.