Michael Kreps or Cynthia Gayton

Income Tax Basics

-Common Tax Credits for Artists

-Earned Income Tax Credit

-Education Incentives

-Deductions for Expenses Ordinary & Necessary in Trade or Business

-Only for itemizers

-Common Deductions

-Home Offices

-Big Purchases (Capital Expenses)

-Startup costs
-Self-Employment Taxes
-Estimated Taxes
-Independent Contractors
-Bankruptcy
-Recordkeeping


Michael P. Kreps works on a wide variety of employee benefits matters at Groom Law Group and specializes in issues
relating to the fiduciary responsibility and prohibited transaction rules in Title I of ERISA. He also frequently works on plan
funding, termination and restructuring issues and has extensive experience advising governmental plans and other tax-
exempt entities. Mr. Kreps is actively involved in the American Bar Association, Section of Taxation and volunteers for the
Washington Area Lawyers for the Arts.

Cynthia M. Gayton, Esq. holds a Bachelor of Arts degree in International Affairs from The George Washington University and
a Juris Doctor degree from George Mason University in Arlington. Cynthia is a member of both the State Bar of Virginia and
the District of Columbia Bar. In addition, Ms. Gayton is an adjunct professor of engineering law at The George Washington
University School of Engineering and Applied Sciences. She has been a volunteer attorney for the Washington Area Lawyers
for the Arts since 1996. She worked as an associate at Morgan Lewis & Bockius, concentrating in complex antitrust litigation.
At the American Institute of Architects, she was associate counsel. Ms. Gayton is the author of Legal Aspects of Engineering,
8th Edition published by Kendall/Hunt. Finally, she is the author of several articles published by VINE: The Journal of
Information Knowledge Management Systems, including: “Commercial satellite imagery: CI, KM, and trade secret law,” Vol.
37, no.2, 2007; “Beyond Terrorism: Data Collection and Responsibility for Privacy,” Vol. 36, no. 4, 2006; “Alexandria Burned –
Securing Knowledge Access in the Age of Google,” Vol. 36, no. 2, 2006; and “Legal issues for the knowledge economy in
the 21st Century,”Vol. 36, no. 1, 2006.