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Old 05-12-2013, 05:07 PM
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larryace larryace is online now
"Uncle Larry"
 
Join Date: Aug 2008
Location: In beautiful Bucks County, PA
Posts: 12,794
Default Re: Drums and American taxes

Paul, is the drafting service your business or are you an employee of another business?

I am incorporated, but either way, corporation or a sole prop, I can still report music income and deduct music expenses.

There are some categories that are red flags, especially meals and entertainment.

If you don't take everything you are legally entitled to, well the government likes it that way.

When it comes to taxes and insurance's, I take every penny I am entitled to, and especially with insurance companies, make them pay for anything they have agreed to. F them. They F me every chance they get. It's a big game and they are not on your side.
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