Taxes for Artists

What can I deduct? Do I bring receipts to my accountant? Is my art a business or a hobby? What is a Schedule C? How do I deduct my home studio? Why do freelancers have to pay taxes quarterly, and how do I do that?

Hannah Cole is a tax expert who specializes in working with creative businesses and artists. A long-time working artist with a high-level exhibition history, and a tax and money columnist for the art blog Hyperallergic, the financial challenges of freelancers and small creative businesses are both relevant and personal to Hannah. She will discuss the basic tax equation, self employment tax and the estimated quarterly tax system, audit concerns for the creative person, and other tax issues specifically relevant to artists and makers, followed by a question and answer period.

About the Instructor

Hannah Cole is the founder of Sunlight Tax, which specializes in friendly, informative tax preparation for artists, and engaging, art-world savvy tax education workshops for artist groups. Hannah's podcast Sunlight covers financial a tax issues for artists and creatives. https://www.sunlighttax.com/podcast

Creative Economy Series 2022-23

This workshop is being offered as part of the Creative Economy Workshop Series at MassArt. This series of free, non-credit lectures and webinars is focused on professional development for practicing and aspiring creative entrepreneurs, artists, designers, and freelancers. To see upcoming workshops visit the Eventbrite Profile for Massachusetts College of Art.

This program is supported through a partnership with the Mayor's Office of Arts and Culture.