An Oakland Calfornia based Tax Return Preparation Firm - Company Message

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CONTINUING EDUCATION: Document business miles in a record book by the following: (1)
keyexpenses
CONTINUING EDUCATION: Document business miles in a record book by the following: (1)
Educational expenses are deductible under either of two
conditions: (1) your employer requires the education in order
for you to keep your job or rate of pay; or (2) the education
maintains or improves your skills in the entertainment
profession. The costs of courses that are taken to meet the
minimum requirements of a job, or that qualify you for a new
trade or business, are NOT deductible.

PROMOTIONAL EXPENSES & SUPPLIES:

Generally, to be deductible, items must be ordinary and
necessary to your profession as an entertainer. Record
separately from other supplies items costing more than $100
and having a useful life of more than one year. These items
must be reported differently on your tax return than other
recurring, everyday business expenses.

If you incur expenses while looking for a job in your
entertainment field, they may be deductible. You do not
actually have to obtain a new job in order to deduct the
expenses. Out-of-town job-seeking expenses are deductible
only if the main purpose of the trip is to job search, not pursue
personal activities.

TELEPHONE EXPENSES:

The basic local telephone service costs of the first telephone
line provided in your home are not deductible. However, toll
calls from that line are deductible if the calls are
business-related. The costs (basic fee and toll calls) of a
second line in your home are also deductible if the line is used
exclusively for business.

AUTO TRAVEL:

Your auto expenses are based on the number of qualified
business miles you drive. Expenses for travel between
business locations are deductible; include them as business
miles. Expenses for your trips between home and a permanent
work location, or between one or more regular places of work,
are COMMUTING expenses and are NOT deductible.

give the date and business purpose of each trip; (2) note the
place to which you traveled; (3) record the number of business
miles; and (4) record your car’s odometer reading at both the
beginning and end of the year. Keep receipts for all car
operating expenses – gas, oil, repairs, insurance etc. – and of
any reimbursement you received for your expenses.

OUT-OF-TOWN TRAVEL:

Unreimbursed expenses accrued when traveling away from
“home” overnight on job-related trips are deductible. Your
“home” is generally considered to be the entire city or
general area where your principal place of employment is
located. Out-of-town expenses include transportation, meals,
lodging, tips and miscellaneous items like laundry, valet etc.

Document away-from-home expenses by noting the date,
destination and business purpose of your trip. Record
business miles if you drove to the out-of-town location.
In addition, keep a detailed record of your expenses - lodging,
public transportation, meals etc. Always list meals and
lodging separately in your records. Receipts must be retained
for each lodging expense. However, if any other business
expense is less than $75, a receipt is not necessary if you
record all of the information in a timely diary. You must keep
track of the full amount of meal and entertainment expenses
even though only a portion of the amount may be deductible.

EQUIPMENT PURCHASES:

Equipment purchases such as musical instruments or
telephone answering machines are shown differently on your
tax return than are general job-related supplies. Keep
documentation for these items separate from everyday
expenses so that they may be easily identified when your
return is prepared.

The information provided in this brochure is an abbreviated summary of the rules for the job-related expenses applicable to educators.
For additional details as to specific business expenses, the records required and the various governmental regulations,
consult the firm providing this brochure.


OB30 © ClientWhys, Inc.

Tax Deductions for:
Entertainers
OccupationalSeries
Cellular Calls
Fax Transmissions
Paging Service
Pay Phone
Toll Calls
Other:
introductionIn order to deduct expenses in your trade or business, you must
show that the expenses are “ordinary and necessary.” An ordinary
expense is one that is customary in your particular line of
work. A necessary expense is one that is appropriate but not
necessarily essential in your business. The application of these
terms to you relies heavily on the “facts and circumstances” of
your unique situation.Entertainers
Tax
Deductions for:
AUTO Travel: TELEPHONE Expenses: EQUIPMENT Purchases:

CONTINUING Education:
Answering Machine

Audition Travel (mi)

OUT-OF-TOWN Travel:


Business Meetings (mi)

Amplifiers

Continuing Education (mi)

Audio Systems

Job Seeking (mi)

Musical Instruments

Out-of-Town Business Trips (mi)

Pager

Purchasing Job Supplies & Materials (mi)

Recorder

Professional Society Meetings (mi)

Speaker Systems

Parking Fees ($)

Other:

Tolls ($)

Alterations - Repairs (costumes/wardrobe)
Cleaning (costumes/wardrobe)
Commissions - Agent/Manager
Costumes - Wardrobe (special)
Dues - Union & Professional
Gifts - Business
Hair Care - Wigs & Supplies (special business)
Insurance - Equipment
Interest - Business Loans
Makeup - Cosmetics (special business)
Manicure (special for hand inserts etc.)
Meals - Business (enter 100% of cost)
Office Supplies
Photocopy - Scripts, etc.
Postage
Props, Stunt Supplies
Publications - Trade
Rents - Office, Storage etc.
Rents - Equipment, Costumes etc.
Repairs - Equipment
Secretarial
Tools
Other:
Other:
Other:

SUPPLIES & Expenses:


Other:

Other:
Other:

Coaching Expenses
Dance Training
Music - Arrangements
Tapes, Recordings
Training
Rents - Rehearsal Hall
Tickets - Performance Audit
Voice Training
Other:
PROMOTIONAL Expenses:

Audition Tapes & Videos
Business Cards
Film & Processing
Mailing Supplies - Envelopes etc.
Photos - Professional
Portfolio Expenses
Resumé
Other:
Other:
Other:

Airfare
Bridge & Highway Tolls
Bus & Subway
Car Rental
Laundry
Lodging (do not combine with meals)
Meals (do not combine with lodging)
Parking
Porter, Bell Captain
Taxi
Telephone Calls (including home)
Train
Other:
Other:
Other:
Other:


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