Author Archives: Martin Kamenski

How do I turn my hobby into a creative business?

creative business cpa

What’s the difference between a hobby and a business? For most of us, this line can get pretty blurred, especially when you’re striving to build a business out of your creative passion. But, in the eyes of the IRS, there’s a very clear distinction: Businesses can offset losses against money they make elsewhere. Hobbies can’t. […]

Top time wasters and how to avoid them in 2022

As a creative business owner, you’ve got about 80 different plates spinning at once. Trying to juggle all the responsibilities running and scaling your business involves plus having time for a personal life is no easy task. Sometimes, it feels like there’s just not enough time in the day for everything you want to get […]

Are my client gifts tax deductible?

      Nothing gets us all in the giving mood like the holiday season. After a long year, you’re looking to spread a little extra cheer and goodwill to your employees, clients, and associates in the form of some thoughtful gifts. But you find yourself wondering: is that box of chocolates or basket of […]

The Mini-MBA for Creative Entrepreneurs: Minding Your Business

You’ve got something unique. The W2, 9-5 life has never been your style, so you’re striving to transform your creative passion into a business. But let’s face it: nobody prepared you for this. You don’t know where to start, and your Google search results just aren’t cutting it. Neither are the Instagram Lives, the TikToks […]

Buying Black this Black Friday

Small business owners need your support. These are the makers and doers who live in our neighborhood. Our kids go to school together. And there’s a good chance that they’ve had an exceptionally hard year. Black-owned businesses can especially use your support. At one point during the COVID-19 pandemic, Black-owned businesses were twice as likely […]

How do I lead my business with values?

Whether you’re building your own business or have been tasked with leading a team, it’s impossible to imagine doing so without also setting the tone for the values of that team. You attract the types of people that resonate with your culture, and values are the DNA of any team. So you have a choice […]

Tax Season FAQs

We’re excited to work with you this tax season! Here are a few frequently asked questions we’ve heard over the years. Have a question you want to add to the list? Leave us a comment below or send us an email at hello@revelcpa.com! How do I get my tax forms and other documents to Revel? […]

The Entrepreneur’s Guide to Document Retention

How long should I, as a business owner, keep my documents, files, etc? If you’re reading this article, it’s because you understand the importance of document retention and the impact that a system (or lack of!) can have on your business. You know there are specific rules that apply to you as a business owner but […]

R&D Tax Credits: All Your Questions Answered 

You might not think what you do as a creative entrepreneur counts as “research and development.” You’ve heard about R&D Tax Credits before but never thought you could be eligible for them. In fact, more businesses than ever are able to take advantage of these reductions on state and federal tax responsibilities, including those in […]

How to improve business systems for your creative practice 

It’s common for creative business owners to neglect fine-tuning their business systems. You may even worry that too many processes could stifle your creativity, or destroy the excitement of finding innovative solutions for each problem and project. But, in fact, having weak or no systems at all is taking valuable hours away from more important […]