Your destination for professional and up-to-date resources for photographers ranging from software suggestions, to top bookkeeping and tax questions.
Grab your notebook and dive in.
tax basics for photographers
learn more about sales tax laws in your state
I need help understanding tax laws in
browse by category
The 2024 Corporate Transparency Act and What Photographers Need to Know
The Corporate Transparency Act (CTA) was passed to combat financial crime. The Financial Crimes Enforcement Network (FinCEN) issued a final rule for Beneficial Owner Information (BOI) reporting requirements on September 29, 2022. The BOI reporting requirements will become effective on January 1, 2024, and apply to reporting companies, including LLCs, and other similar entities. Reporting companies need to report information about their beneficial owners, including their legal name, address, and identifying information. Reports are filed electronically through a secure filing system on FinCEN's website. Failure to comply with the reporting requirements may result in penalties.
2023 1099-K Laws Change … Again
November 21, 2023, CHANGES! Discover the latest IRS updates affecting photographers! Learn about the delay in the 2023 Form 1099-K reporting threshold and the phased implementation plan for a $5,000 threshold in 2024. Stay informed with Bastian Accounting for expert insights and guidance on navigating these changes. Compliant AF for your financial peace of mind!
Decoding the 1099-K for Photographers
Photographers using a third-party payment processor to facilitate transactions may receive a 1099-K. It’s important to understand how the 1099-K impacts payments in your photography business..
What is the difference between a domestic & foreign LLC?
What is the different between a domestic & foreign LLC?
When should I hire an accountant for my photography business?
When should I hire an accountant for my photography business?
What is the difference between an IRS Enrolled Agent (EA) and a Certified Public Accountant (CPA)
What is the difference between an IRS Enrolled Agent (EA) And an Certified Public Accounting (CPA)
Navigating Sales Tax Laws for Traveling Photographers
Navigating Sales Tax Laws for Traveling Photographers
What is your Cost Of Doing Business (CODB), and Why is it so important?
Understanding your Cost Of Doing Business in your Photography Business will help guide you to ideal pricing.
Ready to get Sales Tax Compliant in your state?
Like what you see?
Let’s take it a step further.
Our team is ready to dive in and do the dirty work for you. If you’re ready to break it up with your bookkeeping or need assistance with taxes or business formation - we’re your go-to resource.
