Presented in partnership with Fresh Arts.

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 including:

· What it means to be self-employed/independent contractor

· Keeping records of income and expenses

· Business v Hobby rules as applied to tax

· Combination of W-2 and 1099 tax reporting

· What’s deductible?

· What the self-employment tax is and how it is paid?

· Using the Section 199(A) passthrough

· Estimated tax payments

· Other taxes – Sales, Franchise, Business Personal Property

· Information on the child tax credit and student loans

· How to report unemployment, PPP loans, and relief aid on individual tax returns

· And More!

About the presenters:

Kathy Ploch, CPA

Kathy is a CPA at Durio and Korpal P.C. She previously spent 7 years as a 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. Kathy 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 the Society’s President in 2009-2010.

Lisa Sretenovic, CPA/CITP/CGMA

Lisa is a business coach competent in accounting, finance, and management. She is also skilled in strategic planning/budgeting, analysis, process improvement, and training. As a result of her work in varied industries (public accounting/tax, professional practices, real estate investment, SaaS, telecommunications, manufacturing, hospitality, music production, and oil & gas), she possesses experience that is broad and allows knowledge application from one area to others. One of her strongest abilities is to communicate complex financial information in a language appropriate for the audience, from the board of directors to the IT department or the director’s assistant to the small business owner. Her specialties include financial consulting for small & start-up companies focusing on the business owner’s financial literacy and how that improves business growth. Lisa provides services to TALA member artists and arts organizations and is a past TALA board member.

This project is generously funded by the National Endowment for the Arts and the Texas Commission on the Arts. To find out more about how National Endowment for the Arts grants impact individuals and communities, visit arts.gov.

This project is supported in part by the City of Austin Economic Development Department.