Taxes for Artists, Freelancers, and Creative Businesses, with Hannah Cole

Taxes for Artists, Freelancers, and Creative Businesses, with Hannah Cole of Sunlight Tax

Thursday, February 15 (6-8pm) on Zoom

This is a Cambridge Art Association Member Event, and is free for all current members

Registration close date: February 8, at 5:00PM

What can I deduct? Do I bring receipts to my accountant? Is my art a business or a hobby? What is a Schedule C? How do I deduct my home studio? Why do freelancers have to pay taxes quarterly, and how do I do that?

Hannah Cole is a tax expert who specializes in working with creative businesses and artists. A long-time working artist with a high-level exhibition history, and a tax and money columnist for the art blog Hyperallergic, the financial challenges of freelancers and small creative businesses are both relevant and personal to Hannah. She will discuss the basic tax equation, self employment tax and the estimated quarterly tax system, audit concerns for the creative person, and other tax issues specifically relevant to artists and makers, followed by a question and answer period.

Pre-registration is required. Please register through Zoom.

Hannah Cole is the founder of Sunlight Tax, which specializes in friendly, informative tax preparation for artists, and engaging, art-world savvy tax education workshops for artist groups, and in empowering creative people to set up for long-term success and take control of the financial side of their careers through her program, Money Bootcamp. She is also the host of the Sunlight podcast, where she talks about taxes, money, and careers for self-employed people who have a big vision for changing the world with their work.