Was lunch free? Year-End Music Tax Tips for the Self-Employed & Musicians

What’s music to your ears around tax season?  Hmm….the nerd in me likes to know the benefits of deductions.  Isn’t this everyone’s idea of weekend fun?…

Enjoy these tips for educational purposes!  

The below was provided by the helpful customer service team at Sweetwater.  I am not affiliated with the company, nor am I a  tax advisor, so please refer to www.irs.gov and your tax and legal professionals for advice.  

The first article speaks directly to musicians and briefly explains travel, meal, vehicle, and equipment expenses (for both gigging and studio musicians), and whether or not you can deduct them on your taxes. http://www.artstaxinfo.com/musicians.shtml

Here is a “nuts and bolts” explanation of Section 179 (first-year depreciation allowance for equipment) and how to take advantage of it. http://www.section179.org/

The last article features a list of common deductible business expenses. This can be helpful if you are considered self-employed or if you own your own studio. http://www.musicbizacademy.com/knab/articles/taxtips.htm

The Sweetwater company is not comprised of legal experts or tax advisors, so you should definitely discuss these issues with your own professional tax advisor.  Each individual’s situation is different, and these links are for informational purposes only.

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New Pics & New Music! + You might have the answer!

You might have the answer: Be a part of choosing the first single!  It’s time to share “NEW PHOTOS & NEW MUSIC”  Part 1 of “Don’t torture yourself” is now posted for a limited time.  

We’ve been getting a lot of votes for “The Other Room” to be the first single.  What do you think?  We’re loving your comments!

Backstage at Nola’s featuring Danielle W. Carter and The Sounds of Soul

Also, we have new pictures from the NolasLA show!  LAKMG, a fully staffed and very driven artist development team based on Los Angeles, presented the first Soul and RnB Indie Express event at Nola‘s Los Angeles featuring my band, Danielle W. Carter and the Sounds of Soul.  They really took great care to make sure my band and I were positioned for an excellent show.  They even arranged for a post show interview with local publicist Jerica Williams.

My band was proud to kick off the evening with five original songs!  Now is a fine time to introduce these talented musicians.  Drum roll please….Chris Lee on the keys,  Chuksingh on guitar, Melony Varnado on supporting vocals, Howard Brodwin on drums and Eric Frazier on bass.  This was the very first time performing together as a full band.  I feel honored and grateful everyday to collaborate with such talent.  Big hugs and many thanks!

Danielle W. Carter @NolasLA, LAKMG presents Indie Express

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• Save the date: Bacon, funk, soul with my cover band Illegal Download Collection @BaconSocial on Saturday, June 8, 2013.  Let’s dance!  See all EVENTS.  
• Now Available!  For a limited time, we are excited to share these early years with you Part I of  “Don’t Torture Yourself” under “MUSIC”  (Written by: Danielle Wei-Tsung Carter, Produced by: Abstrakt Soundz)
• LAKMG Indie Express Interview and Show Video Footage will be posted on my website as soon as they are available.

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LAKMG presents Indie Express @NOLASLA – SEE ALL PHOTOS

Chris Lee, Danielle W. Carter and Melony Varnado Backstage @Nola’s LA

Danielle W. Carter featuring Chris Lee on piano, Chuksingh on guitar, Eric Frazier on bass, Howard Brodwin on drums and Melony Varnado on vocals @ LAKMG presents Indie Express, Nola’s LA

Monica, Danielle W. Carter and Melony Varnado

Melony Varnado, Hank, Danielle W. Carter and Howard Brodwin @ LAKMG presents Indie Express, Nola’s LA