VIDEO 1: Tax Tips for Tattoo Artists & Shop Owners: 1099 or W2?
Tattoo artist and shop owner John Garancheski interviews tax journalist Kevin McCormally on the pros and cons of being a 1099 contractor versus an employee. They discuss how to maximize deductions for travel expenses, supplies, and equipment. Learn about the importance of record-keeping and find out what common tax mistakes to avoid! Stay tuned for all the valuable tips and advice you need to save money this tax season.
VIDEO 2: Tax Hacks for Tattoo Artists & Shop Owners: Maximizing Business Expenses
VIDEO 3: How to Write-Off Your Dream Car as a Tattoo Artist: Insider Tax Tips!
Can tattoo artists write-off their daily commute or a luxury vehicle as a business expense? Tax journalist Kevin McCormally answers these questions and more. Learn about the complexities of deducting automobile expenses, and apps that could be a lifesaver for keeping track of mileage. Discover the standard mileage rate and other deductions available for traveling to conventions, educational conferences, guest spots at other tattoo studios, and more! Don’t miss out on these tax tips to help you save money as a tattoo artist or shop owner.
VIDEO 4: Tattoo Artists’ Biggest Tax Question Answered: Can Last Year’s Supplies Be Written Off?
In this interview, tattoo artist and shop owner John Garancheski and tax journalist Kevin McCormally discuss whether tattoo artists and shop owners can write off tattoo supplies purchased in the previous on this year’s taxes. Learn how to take advantage of this deduction and save money!
VIDEO 5: Tax Tips for Tattoo Artists & Shop Owners: Can You Write Off Equipment Expenses?
In this video, tattoo artist and shop owner John Garancheski sits down with tax journalist Kevin McCormally to discuss the ins and outs of writing off equipment expenses for tax purposes. They cover the IRS’s usual life categories for equipment, the Section 179 expense deduction, and when it might make sense to depreciate expenses over time. Learn how to make the most of your equipment purchases and save money on your taxes. Plus, discover the best time of year to make equipment purchases and get the most out of your deductions. Don’t miss this essential tax advice for tattoo artists and shop owners.
VIDEO 6: The IRS is Watching Us! What to Know About Audits as a Tattoo Artist
VIDEO 7: Navigating Taxes for Traveling Artists and Convention Goers: Tax Tips for Tattoo Artists
Are you a tattoo artist traveling for conventions, educational conferences, and guest spots? Learn about tax liability when working out of state, filing requirements, and how to avoid audits. Tax journalist Kevin McCormally answers tattoo artist and shop owner John Garancheski’s questions on taxes and working out of state. Discover the importance of having a home state, and when to file in other states to avoid any surprises during tax season. Don’t miss out on these essential tax tips for tattoo artists on the road!
VIDEO 8: Don’t Get Caught: Tax Tips for Tattoo Artists Accepting Payments through Venmo, PayPal, and Square
As a tattoo artist, accepting payments through Venmo, PayPal, Square, and other payment apps can be convenient, but it can also lead to tax headaches. Learn how to avoid getting hit with unexpected taxes by properly segregating personal and business payments, and staying aware of reporting requirements.
VIDEO 9: Maximize Your Tattoo Business Profits: Why You Need an LLC or S Corp
Learn how setting up a separate entity like an LLC or S corp can save on taxes and provide liability protection for tattoo artists and shop owners. Discover the advantages of segregating professional income and tracking expenses. Don’t miss out on maximizing your profits in this serious business!
VIDEO 10: Maximize Your Merch Profits: Tax Tips for Tattoo Artists & Shop Owners
Are you a tattoo artist looking to expand your business and sell merchandise online? In this video, artist and shop owner John Garancheski talks to tax journalist Kevin McCormally about the benefits of setting up a separate company for your online sales, and the potential tax implications involved. They discuss the advantages of forming an LLC, including liability protection and the ability to set up separate accounts for business income. However, as your business grows and becomes more complex, it may be necessary to seek professional help to navigate inventory questions and limit your tax exposure. Tune in for valuable insights and advice on setting up a successful and profitable tattoo business.
VIDEO 11: Maximizing Your Tax Benefits as a Tattoo Artist: Understanding Joint Filing
Tattoo artist John Garancheski and tax journalist Kevin McCormally discuss the benefits and potential drawbacks of joint filing for married tattoo artists and shop owners. Learn how understanding tax brackets and deductions can help you maximize your tax benefits and keep more money in your pocket.
VIDEO 12: Do Tattoo Artists Need an Accountant? When to DIY Taxes
Tattoo artist and shop owner John Garancheski sits down with tax journalist Kevin McCormally to discuss whether tattoo artists should use an accountant for their taxes, or if they can do it themselves with software like TurboTax or Quicken. They explore the benefits and drawbacks of each option, and provide insights on when it may be beneficial to seek professional help. Don’t miss all these tax strategies for tattoo artists.
VIDEO 13: Don’t Get Penalized: A Rule of Thumb for Independent Tattoo Artists’ Taxes
Are you an independent contractor in a tattoo studio? Tax journalist Kevin McCormally sits down with tattoo artist John Garancheski to outline the rule of thumb for quarterly estimated tax payments to avoid penalties and interest. Avoid the headache of a large big lump sum payment, and stay on top of your taxes with this helpful advice!
VIDEO 14: Save Thousands on Taxes with These Sneaky Expense Tracking Hacks for Tattoo Artists
No more struggling with tracking work expenses and minimizing tax bills! Tax journalist Kevin McCormally and tattoo shop owner John Garancheski discuss the best ways to keep track of your expenses, including the use of softwares like QuickBooks and Quicken. Learn how to avoid costly mistakes, and how to maximize your deductions to have thousands on your taxes. Don’t miss out on these sneaky expense tracking hacks!
VIDEO 15: Can You Hide Income from the IRS As a Tattoo Artist?
Whether it’s cash or credit card sales, hiding your income is a surefire way to attract unwanted attention from the IRS. Tax journalist Kevin McCormally and tattoo artist John Garancheski explain the importance of reporting all income sources, and how failing to do so could impact your ability to make major purchases like a home. Don’t risk it – learn the right way to handle your taxes as a tattoo artist in our video series: Tax Tips for Tattoo Artists.
Secret Tax Hacks for Tattoo Artists & Shop Owners: Maximize Your Retirement Savings Now!
Are you a tattoo artist looking to save money on taxes and plan for retirement? In this exclusive interview with tax journalist Kevin McCormally, tattoo artist and shop owner John Garancheski uncovers the secret tax hacks that every artist in the industry needs to know. Learn how to maximize your retirement savings with Roth IRA’s and KIO plans, and how to avoid costly mistakes when filing your taxes. Don’t miss out on these valuable insights – watch now and start saving big!
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