Interested in Creative Artist Tax Exemption? On this page, we have collected links for you, where you will receive the most necessary information about Creative Artist Tax Exemption.
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.
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://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.youtube.com/watch?v=OwbFcYUJWzg
Dec 03, 2018 · More details about the creative artist tax exemption in the City of Los Angeles at http://finance.lacity.org/entertainment-creative-talent-faqThis exemption ...Author: City of LA - 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.
https://thecreativeindependent.com/guides/a-smart-artists-guide-to-income-taxes/
Why tax planning matters Tax rates, brackets, and deductions 101 The tax advantages of treating your art like a small business How to qualify as a business for tax purposes Tax form 101 What you actually need to complete your taxes A few notes on income sources: W-2 vs 1099-MISC vs 1099-K How to make tax time easier Artist-specific tax ...
We hope you have found all the information you need about Creative Artist Tax Exemption through the links above.
