Did you just open a business, start freelancing or receive a “1099 Form” for the first time? Congratulations on joining the ranks of the self-employed. You have earned the privilege of paying estimated taxes directly to the IRS, and perhaps your state as well. The skinny: Read more
Archive for BUSINESS OF ART
“I Don’t Want to Go to Prison” (Finance for Artists — A Site I Love)
I like to think that Larson Gunness is to financial planning what I am to accounting: completely professional AND totally bucking the stereotypes. Larson has worked for years in the investment field and is NOT your button downed guy pushing the latest stock or insurance product. To the contrary, he has authored the colorful, informative and unique as unique gets site — Finance for Artists.
The site reflects Larson’s love of writing and his passion for helping fellow artists. There is a non-technical glossary, (“accountant: a professional who keeps you out of debtor’s prison”.) and hilariously familiar case studies that teach you stuff: Here Art talks to his accountant:
“I don’t want to go to prison,” Art says again. Only this time, Read more
You Don’t Have to Be An Artist, Or Even Creative (Sales Tax Redux)
In preparing for my first sales tax webinar I happened on an outstanding website – The Sales Tax Guy. The author incorporated some of my points in a recent post, and it was so well-written I asked and received permission to share it. The article below is useful for anyone who sells things.
A Short Course in Sales and Use Taxes for Artists (Part 1)
A reader (Richard Streitfeld at peaceloveandbusinessplanning.com) recently asked me about sales taxes related to art and artists and I referred him to an article I’d written a while back. We continued to exchange emails and he told me about the writing and training he’s done on this topic. He inspired me to try my own spin on this. In weak moments I think of myself as an artist, so maybe an article for the right-brained folk might be interesting. Read more
Sales Tax for Artists and Others –Upcoming Webinar
I am honored to be speaking via webinar for the Arts and Business Council
Greater Boston on that time-honored topic: sales taxes. The title is “Ten Percent of Priceless — Sales Tax for Artists” but it really applies to anyone in business. And you can participate from anywhere.
The date is December 13, 7 PM. For more details click here: And check out all of ABCGB’s great offerings, including upcoming webinars on The Visual Artists Rights Act (VARA) and on Trademark and Your Personal Brand. Click here for the full calendar.
Life on the Ledger: How to Make Your Art Add Up
Here is the slide show for the webinar I presented for “Ignition: Transform your Art Passion into Business”.
Some of the topics addressed:
Tax deductions for artists; minimizing audit risk; incorporation options; record-keeping;
I love doing these; let me know if you want me to speak, in person or remotely, to a receptive audience you are familiar with. View the slideshow: Read more
Sales Tax for Artists
I recently conducted a fascinating webinar (really) on “Sales Tax for Artists”. It was sponsored by Xanadu Gallery in Scottsdale Arizona. The topics covered include: nexus; internet sales tax; minimizing exposure; resale certificates; and accounting for sales tax. Click more below to view the slideshow on artists and sales taxes. Read more
Life on the Ledger
I am honored to be presenting at Xanadu Gallery’s Ignition: Transform Your Art Passion into Business virtual conference this Thursday night ( 9/8/11) at 8 P.M. EST. My topic is Life on the Ledger: How to Make Your Art Add Up; there are four other presentations on Wednesday and Thursday evening covering time management, marketing and other critical subjects for artistpreneurs.
To find out more about the entire Ignition broadcast, click here
To download my “Ledger” outline, click here
Crowdfunding: Funding Creativity through Social Networking
Here is a balanced and comprehensive article about crowdfunding, which I have blogged about at length. From the article: “Welcome to the world of crowdfunding — a style of fundraising that taps support from fans and other interested parties. While politicians and charities have used this method for ages, the adoption of social networking makes crowdfunding feasible even for the average citizen with a dream and some creative talent.” For the full article: (Note: These articles always seem to leave out RocketHub, which may be newer on the scene but has a robust educational arm.)
Sassy CPA
I am delighted to have been interviewed by “The Sassy Ladies” — a pioneering and successful enterprise launched here in Rhode Island a couple of years ago. Their focus is helping women entrepreneurs but I have always considered myself an honorary “Sassy Lady”. The interview speaks for itself – click here:
Power to the Creative Class! (Crowdfunding Bootcamp) (click on title to comment)
Many of you — (and believe me, I count!) responded with interest to my recent posts on “Crowdfunding — A New Way to Fund and Follow Creativity”. That post used Kickstarter as an example of a crowdfunding site. This post is about another company, Rockethub, which also offers what it calls (a free online) “CrowdFunding Bootcamp”. (The link is here:) They appear to cover all the elements of this new and exciting platform — who to ask first/how to choose a financial goal/what to include in your upload/tips for Rewards……
Rockethub.org defines its mission as “to educate and empower the rising Creative Class. This is where you learn the principles necessary to become a crowdfunding revolutionary.” Hey, hey (Che, che?) count me in.
Okay I haven’t read the tutorial but the whole crowdfunding enterprise excites me. Click on the article title at top if you want to comment. (Because believe me, I count!)




