Tuesday, April 1

Write Off Your Music Expenses On Your Taxes.


*Tip*

As we all know, tax season can be bitter and it can be sweet. Bitter of course, when we owe money or have to endure long hours of paperwork. Sweet obviously when we can get refunded a large chunk of change. J. So for those songwriters and musicians out there who have not already filed your returns this year, you've lucked out because, you've got one month left to take advantage of this tip I've got for you. This one may be sweeter than that cup of red bull you spilled in your marble composition notebook after a late night in the lab.

According to trowbridgeplanetearth.com, as a songwriter you can deduct all your taxes directly attributable to your writing, e.g. pens, paper, cassette & CD blanks, instruments, travel, professional membership fees, and so on.

Trowbridgeplanetearth.com gives answers to all your burning questions such as whether or not songwriting is considered a business, how to get extra forms needed for filing, if individual band members should be responsible for their own 1099’s and much more!

To find out more info about how to file your taxes as a songwriter, please visit

http://trowbridgeplanetearth.com/IRS/WrtrTaxTips.html

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