Annette Gendler: Insights from Judging a Writing Contest: I just wrapped up serving as one of the judges in the Hemingway Shorts contest sponsored by the Hemingway Foundation of Oak Park, and I tho…
Invaluable tax data for artists!!
I am a practicing CPA (since 1997), a published author, and an artist. This gives me a unique perspective on the fine art of running an art or author business. I hope this article helps others in this complex world.
We are artists and authors; therefore by definition we are unorganized. We are right brain thinkers, we are creative. How do we impose order to chaos?
Hopefully, this information will help you tame that wild beast and make some sense of the various business terms that confuse and intimidate you!
- WHAT STRUCTURE SHOULD I USE?
The first question to ask in setting up your art business is how you should set it up – i.e., what structure it should have. This may seem like a silly question, but it is a very important one, as it determines how you report your income and expenses. And report them you must!
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