THANK GOD IT’S HERE. The Tax Series with Taylor Hampton. We know you suck at taxes. We’re bringing you straight facts from a tax professional, so you can take this fat stack of knowledge to your tax preparer (hopefully it’s Taylor DUH) and get a fat ass refund. LFG.
Connect with Taylor Hampton:
We just have to say right off the bat that Taylor is an awesome person who makes taxes fun and approachable (she’s a wizard cuz how is that possible lol), and you really should hire her for a consultation or to do your taxes if you want someone who knows what they’re doing.
Taylor Hampton, Tax Professional
Business Website: https://www.hamptontaxes.com/
Business Email: <taylor@hamptontaxes.com>
Services Offered: Individual tax preparation, specializing in musicians/performers; Tax consultation.
Hampton Taxes FAQ Sheet
Helpful Links:
Health Insurance Deductions (IRS website)
https://www.irs.gov/taxtopics/tc502
W-2 Write-Offs (FreshBooks website)
https://www.freshbooks.com/hub/taxes/tax-deductions-for-w2-employees
Qualified Performing Artist Form (IRS website)
https://www.irs.gov/instructions/i2106
TOPICS OVERVIEW:
W2 V.S. 1099
Biggest Tax Misconceptions For Musicians
Why You Need To Give A Rat’s Ass About FICA Tax 🥲🐀
Things You Can Write Off! 👏
Things You CAN’T Write Off! 😫
“Qualified Performing Artist” Eligibility
Schedule C Income
Writing Off Your Instrument
Home Office Deductions
How To Track & Write Off Mileage
Meal Write-Offs
School Stipends/Scholarships/1098-Ts Tax Implications
Student Loans & Tax Implications
Medical Bills
Unemployment Income Taxes
Common Tax Credits
Writing Off Equipment/Music/Reed Supplies/Etc.
Keep Track Of Business Expenses
Are Audition Expenses Tax Deductible?
AND MUCH MORE!
