Tax Expert
Watch Your Wallet!
Strategic Tax Planning for the Visual Artist
Taking care of your career includes taking care of your cash. I’ll help you do that by giving you the top ten tax planning tips for artists. Wondering what you can deduct? I’ll review the deductions artists can claim—but frequently miss. I’ll also give you some tips for avoiding an audit, as well as advice for what to do if you are audited. Along the way, we’ll talk about how the IRS defines the “business” of art—and how different structures, like a corporation or an LLC, can benefit you.
Peter Jason Riley is a certified public accountant and a principal in the firm of Riley and Associates, which offers tax planning and filing services in all 50 US states, as well as a broad range of business financial services.