A couple of weeks ago, my CALM class at McNally Smith brought in a guest speaker, Damon Schuler. He talked alot about filing taxes and other stuff that I don't understand so well. It was a very interesting talk because knowing this stuff can really help any musician out financially and save them a lot of money.
Basically what I learned from the whole talk was to hire an accountant I can TRUST! I was absolutely amazed on how Damon simply type in different numbers in different boxes and how that can make a huge impact on your tax returns. If someone else is going to help handle my money, I want to trust them. Also, in preparing to do taxes every year, I need to save receipts and also organize them! So time to bring out the shoe boxes!
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