The New Tax Guide For Artists Of Every Persuasion

by Peter Jason Riley

(Limelight). Peter Jason Riley is a CPA who for many years has practiced in the Boston area. His book opens with basic material that applies to everyone, offering a roadmap through today's tax landscape and general discussions of different types of income, various kinds of expenses and IRS-allowed tax deductions. Following are the chapters that deal with the specific tax situation relevant to each category of artist. These range from the cost of acting lessons and makeup through depreciation of guitars and the maintenance of home studios to income from teaching jobs and royalties. In the final sections of the book, Riley considers various ways performers and other arts professionals can reduce their taxes, explains how to prepare for an audit, and suggests ways to locate, evaluate, choose and effectively work with a professional arts-oriented tax advisor.

1 pages, Paperback

First published January 1, 2004

Reviews

[H. · Rating 4 out of 5]

I will definitely be buying a copy when the next update comes out. A refreshingly easy read, peppered with pleasant humor, from a tax enthusiast who "gets it," as he says. I enjoyed the tone of the writing enough that I read through the whole thing, including sections that had absolutely nothing to do with me (musician and model-related stuff, etc.), as it was presented in interesting and amusing fashion (I even read some aloud to friends!). I do have a number of unanswered questions, but the book's intent is too general to deal with every nuance of a particular tax situation. Now to get on to doing my taxes (feeling a lot more prepared and a lot less stressed).

[Rebecca · Rating 5 out of 5]

Very helpful and read it within 2 hours.