Presented by TALA and Fresh Arts
With the passage of the Tax Cuts and Jobs Act in December 2017 and the redesign of Form 1040, it’s important to be up to date with new information that impacts your tax liability. Join TALA as we cover new rules and general basics for completing your return.
Structured with artists in mind, this seminar is designed to walk you through your tax return, addressing common artist concerns and important IRS regulations pertaining to creative practices.
Topics covered include:
- What it means to beself-employed/independent contractor
- What the self-employment tax is and how it is paid
- Keeping records of income and expenses
- Which expenses are deductible
- What is needed to prepare your taxes
- Estimated tax payments
- Business v hobby rules
- Home office expenses
Meet the speaker, Kathy Ploch, CPA:
Kathy is a CPA and the Tax Compliance and Consulting Specialist at Harper & Pearson Company, P. C. She has been in public accounting preparing all types of taxes for 35 years and has worked with small nonprofit organizations for 20 years. She is a Past President of TALA and has been a volunteer with the organization since 1999. She is a member of the Houston CPA Society and served as Society’s President in 2009-2010.