by Pentacle-nextSteps | Apr 23, 2024 | Choose A Structure
What is a Sole Proprietor? Definition of Sole Proprietor for Those in the Performing Arts A Sole Proprietor is an entity that is not incorporated (as a C-corp, S-corp, or other corporate structure). This includes performing arts entities. As the name implies, sole...
by Pentacle-nextSteps | Jun 13, 2023 | Making Money in the Performing Arts, Taxes
Venmo and Taxes If you receive income through a currency exchange platform such as Venmo, you are required to report it on your tax return. This includes payment for any artistic or administrative work such as rehearsal pay or performance stipends. Even if you earn...
