Taxes! Artists keep their books

Art Fair Artists Success Show

Did you ever see such a business for high overhead as the art fair business? Travel expenses, booth fees, employees, tents, studio space, art supplies, credit card fees, etc. We talk to two artists with bookkeeping experience and we'll learn how they adapted this information for art fair bookkeeping. Our experts are: Alison Thomas worked with her husband's in his HVAC business and did the bookkeeping with Quickbooks. The business was a corporation with employees so she knows payroll and payroll taxes and the forms. We'll talk about Quickbooks and how she uses them for her art fair business.Leo Charette has been a data manager using computers since the 1980's, so when he started participating in art fairs he developed a system that could manage the interrelated relationships between creating art, selling art and staying in touch with the art fair patrons. We'll start with the nuts and bolts of how you begin keeping the books and doing your first tax return and then answer your questions.