Starting a photography business can be daunting when you consider all the questions that you have before you even start. Sony Artisan Patrick Murphy-Racey has been self-employed as a freelance photographer since 1992 and has a lot of experience on the business side of things. Here are some questions that will be answered in his class:
-What is the mileage rate for driving my personal car to assignments?
-What is an IRS Schedule C?
-How much should I spend each year on marketing vs. new equipment?
-What are the going rates for shooting photos for individuals vs. companies?
-Do I need liability insurance or can I wait a few years on this?
-What expenses can I deduct on my taxes?
-How can I open a checking account for my new photography business?
-Why can’t I deduct as a business expense my new camera body from my income this year?
-What is an LLC, and do I need one?
-How long will the IRS allow me to show a loss for?
-Should I write off a room in my home as an office on my regular tax return?
-Is it a good time to start a business during the pandemic?
Learn more and register here.