Music CPA

Consulting

Contact us if you have questions about how you should be handling your music business, including questions on:

  • Setting up and maintaining books at a minimum level of accuracy for annual tax reporting
  • What transactions you need to be recording on a daily basis
  • What your obligations are for your tax treatment of recording expenses, cash transactions, royalty income, per diems, payments to sidemen and crew (employee vs. contract labor), payments to yourself, money raised from investors and crowd sourcing, ownership of a van or a bus
  • Calculating and paying federal and state estimated income taxes during the year
  • Handling state sales taxes on merchandise sales
  • Entity selection for your performing, recording, and other music related business activities
  • How to choose a personal manager and booking agent

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