Interested in Creative Artist Activities Tax? On this page, we have collected links for you, where you will receive the most necessary information about Creative Artist Activities Tax.
https://finance.lacity.org/entertainment-creative-talent-faq
If the global/worldwide gross receipts for the creative activities of the creative artist as defined under LAMC Section 21.29(b) do not exceed $300,000, the creative artist may claim the creative artist exemption at the time that the business tax renewal is filed in 2017 by the following: (1) checking the appropriate box on the renewal form; (2) answer the question regarding total global/worldwide gross …
https://finance.lacity.org/self-employed-contractors-creative-artists-1099
It only applies to those receipts the creative artists earn from their creative activities and does not include income from any non-creative activity,which is still liable for taxes. The Creative Artist Exemption is only valid with timely renewal of the BTRC. FAQ.
https://business.lacity.org/content/city-los-angeles-creative-artist-business-tax-exemption
City of Los Angeles Creative Artist Business Tax Exemption. The City of Los Angeles Creative Artist Exemption exempts artists and businesses working in the entertainment industry that earn less than $300,000 a year from city business taxes. In order to qualify for any business tax exemptions, the business will need to register and file their tax returns with the City of Los Angeles' Office of Finance …
https://www.afm47.org/press/dont-get-penalized-file-for-your-la-business-tax-exemption/
Sep 15, 2016 · If you are defined as a “creative artist” under the Los Angeles Municipal Code, you might be eligible for the Business Tax Exemption provision. Under the Small Business Exemption, no tax is required of creative artists whose total annual taxable and nontaxable gross receipts attributable to creative activities do not exceed $300,000. This exemption applies strictly to individual “creative …Estimated Reading Time: 5 mins
https://www.youtube.com/watch?v=OwbFcYUJWzg
Dec 03, 2018 · Info. Shopping. Tap to unmute. If playback doesn't begin shortly, try restarting your device. You're signed out. Videos you watch may be added to the TV's watch history and influence TV ...Author: City of LA - Office of Finance
https://thecreativeindependent.com/guides/a-smart-artists-guide-to-income-taxes/
Mar 14, 2019 · The tax advantages of treating your art like a small business. Come tax time, the goal is to save as much tax money as possible, and this is why you might want to make your art practice into an official business. Simply put, qualifying for business tax deductions will make your tax savings bigger. This is because businesses actually get to take deductions from their taxes twice.
https://www.artspace.com/magazine/art_101/guide/how-to-do-your-taxes-as-an-artist-55314
Mar 16, 2018 · Taxes are complicated––and for artists, well, they are especially complicated. But fear not! ... (and at least two of the past seven years for activities that consist primarily of breeding, ... the root of the difficulty of filing taxes as a creative is a fluctuation in income, along with chance factors such as galleries not paying on time ...
https://bizfluent.com/how-8072549-los-tax-renewal-form-instructions.html
If you are a creative artist, calculate separately the gross receipts from your creative work and those from non-creative activities. The first $300,000 from your creative activities is not taxable. The Los Angeles Office of Finance includes actors, writers, fine artists, costume, production and set designers, musicians and conductors, cinematographers, film editors and others as creative artists.
https://blog.taxjar.com/sales-tax-guide-artists/
If you are an artist who primarily works from your home or studio, then you might only have sales tax nexus in your home state. However, other business activities can create sales tax nexus, including: A location – a store, office, warehouse, factory or other location creates nexus
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