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3min chapter
Handling Your Music Finances From a Business Manager and Accountant
The New Music Business with Ari Herstand
Are You an Escort?
The schedule c is the form in your tax return that you fill out if you're not an escort. It's like an extra form that does all your business stuff. If i made 50 thousand dollars in profit, i wrote it down here, between forty one thousand and 85 thousand, it would be 22%. Is the federal tax rate. I'd pay 22 percent. You're saying, wait, i wouldn't pay that 15 % if i'm, if i have an escort. Is that right? So if youre an, if you're an ale like me,. it would be that 35 %, 37 point three %, plus the la. City taxes, which i dont remember,
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