Bookkeeping and taxes are among the most intimidating aspects of running a photography business. Many photographers struggle with questions such as, what expenses are actually deductible, what income should be reported, how do I track expenses properly, what records should I keep, what happens if I'm audited, do I need to collect sales tax, where do expenses belong on my tax return!

This presentation begins to remove the mystery of bookkeeping and accounting by breaking down financial concepts into practical, real-world examples photographers can understand and apply immediately.

We will review:
Income
• Types of photography income
Expenses
• What constitutes a deductible business expense
• Common photography deductions that might be over looked
• Expenses that may not be deductible
• Proper documentation requirements
Organizing Financial Records
• Creating an easy bookkeeping workflow
• Record retention best practices
• Preparing for tax season throughout the year
Building Financial Confidence
• Understanding your numbers

WHAT ATTENDEES RECEIVE
Each attendee leaves with:
✓ A better understanding of bookkeeping fundamentals
✓ Lists of common photography deductions
✓ Income tracking guidelines
✓ Expense tracking guidelines
✓ Tax preparation tips
✓ Practical record-keeping strategies
✓ Greater confidence in managing the financial side of their business