Tag Archives: Tax deductions

We have a “no BS” attitude when it comes to your taxes. Here’s why. 

Taxes done right

Let’s get straight to it. A sketchy CPA who “finds all the loopholes” is the last thing you want. When it comes to creative business owners, people often think their CPA will get creative with their tax return too. Well, we just can’t do that. We have a “no BS” attitude when it comes to […]

Why influencers shouldn’t blindly trust social media for accounting and expenses advice.

  TikTok is a money-maker but a shady CPA.  There’s a lot of business and accounting advice on social media at the moment and if you’re an influencer, you probably know what we’re talking about. In particular, there are a few viral videos playing fast and loose with half-truths relating to S corps, business expenses, […]

How can I manage expenses for my creative business?

You started your creative business because you were following your passion. Surprisingly enough, that passion wasn’t expense management. But, in order to build a long-term, sustainable career doing what you love, good accounting is vital. Here are our top three tips for managing expenses so you can stay compliant and stay profitable as you grow […]

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. […]

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 […]