Imagine a future where you never owe end-of-year taxes again! Estimated taxes – much maligned, often denigrated, and rarely understood – are the bridge to that paradise! The simple truth is that artists are entrepreneurs, and the most successful entrepreneurs have precise tax strategies that include the practice of making estimated tax payments. This workshop will clarify what estimated taxes actually are (and why people falsely call them “quarterly taxes”), as well as simplify how to approach and master them. Led by actor and tax preparer Akeem Davis, ”Quarterly Taxes Don’t Exist!” will engage you with anecdotes, Q&A, group exercises, and demonstrations of how to pay estimated taxes at both the federal and state levels. Participants will be guided through the steps needed to understand, calculate, and pay estimated taxes, and will come away with a working knowledge of how estimated tax payments present on and impact a Schedule C and 1040 tax form. This comprehensive workshop aims to spread the confidence and agency that comes from a clear grasp of the many benefits estimated taxes can unlock for your personal finances.
Assets For Artists workshops are open to artists in MA, CT, RI, and ME. As part of the Arts Action Consortium Boston artists receive priority access to all A4A workshops.
Click here to register: https://www.assetsforartists.org/workshops/#akeem