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Behind the Scenes: A Look at Reducing Your Tax Burden as a Performer

Behind the Scenes: A Look at Reducing Your Tax Burden as a Performer

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 Welcome to Creating Financial Harmony With Eliza Conner. In today’s episode I’ll be discussing how you can reduce your tax bill as a performing artist. I will discuss why you must file a tax return, what happens if you don’t file a tax return. I’ll also give you a few examples of what happens if you do not file a tax return or if you do not use tax strategies to save on your tax bill. The following are links for references on what I will be discussing today. Wesley Snipes: Wesley Snipes Reflects on Serving Prison Time for Tax Evasion https://people.com/movies/wesley-snipes-reflects-prison-time-tax-evasion/ Tyler Perry: Tyler Perry Fired His Accountants After Finding Out The IRS Owed Him $9 Million in Return https://www.blackenterprise.com/tyler-perry-fired-his-accountants-after-finding-out-the-irs-owed-him-9-million-in-return/ Fat Joe: https://www.justice.gov/usao-nj/pr/rapper-fat-joe-sentenced-four-months-prison-failing-file-income-tax-returns-over-33
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