Join us for our Artist Care program, It’s Raining 1099s!
On Saturday, February 22, from 1-3 p.m. join instructor Elaine Grogan Luttrell for a workshop covering taxes for artists. This program will be held at Summit Artspace. The cost for this program is $5.
If it is true that the only certain things in life are death and taxes, this workshop will make navigating one of those things considerably easier. We’ll review federal income tax basics for creative individuals, including common deductions claimed by creative entrepreneurs. We’ll also outline how the tax landscape changes based on the type of income an artist earns and highlight key aspects of tax law that impact financial wellness, including deducting interest for student loan payments, saving for retirement, and other 2025 updates. We’ll touch briefly on some state and local income tax issues, and conclude by reviewing some tips and best practices to keep excellent records.
As part of this workshop, we will:
– Identify ordinary and necessary deductions common to creative businesses.
– Review the overall income tax landscape for common federal and state filings.
– Identify records to retain for tax purposes and effective systems for tracking expenses and income.
Participants will receive a one-page of resources.
Registration in advance is required. Sign-up to attend by Friday, February 21 at 5:00 p.m.
INSTRUCTOR BIO:
Dr. Elaine Grogan Luttrull, CPA-PFS, AFC® (she/her) is the founder of Minerva Financial Arts, a company devoted to building financial literacy and empowerment in creative individuals through education and coaching. Her workshops and presentations have been featured nationally by groups that support the arts, a variety of state and regional arts councils and commissions, and colleges and universities where creative students thrive.
Elaine spent 10 years in academia, teaching at the Columbus College of Art & Design and serving as the Department Head for Business & Entrepreneurship from 2014-2018. Before that, Elaine served as the Director of Financial Analysis for The Juilliard School and in the Transaction Advisory Services practice of Ernst & Young in New York.
Elaine is the author of Arts & Numbers (Agate, B2 2013), and she contributes regularly to industry guides, including those from the Center for Cultural Innovation and the Joan Mitchell Foundation. She also serves on the boards of the Short North Alliance and Healing Broken Circles.
This workshop is brought to local artists by the collaborative efforts of Akron Soul Train, ArtsNow, CATAC, and Summit Artspace.
