Actors and those dreaded taxes!!!

As actors we have so many problems to file taxes, they are the only reason I once thought how much better a regular 9 to 5 job with W-2′s and simplicity would be. So here is an article that gives us a little insight to the right and wrong way to face that time of the year. For the full article… (Click here)

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GET RICH FAST!… AND SIMILAR CONS

All of us have bills to pay, obviously. And we also have countless expenses: classes, headshots, assistants, printing…etc. And con artists know this. So they come up with get-rich-fast “jobs” that are alluring. Generally these offers take on forms such as: packaging envelopes form home, making jewelry, investing in stocks packages, fabricating candles, assembling together some form of hand crafted what-not…and as you do you will be making thousands! Tens of thousands!! Or so they say…

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DEALING WITH INCOME TAXES WITHOUT GOING BROKE

Here is what “How to break into acing, for Dummies” has to say about this oh-so-delicate subject.

Whether we like it or not, we all have to pay taxes. But Paying taxes on your acting income can be a little trickier than paying taxes on your income as a janitor or bank teller or computer programmer. For example, The company that you work for as a computer programmer probably automatically deducts state and federal income taxes out of your paycheck. As an actor, it’s up to you to set aside a certain amount of your acting paycheck to cover

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