Uploaded July 2023 | Updated September 2026, 7 hours ago
Head to squarespace.com/meganwang to save 10% off your first purchase of a website or domain using code MEGANWANG
----
A little disclaimer I didn't mention super clearly in the video is that a lot of this information is US specific!! I'm not sure how taxes/licenses etc work in other countries so I don't know how useful the tax section of this video will be for any non-american viewers. sorry!
But... I can't believe it's been over a year since I filmed my last art business video! I've learned a lot about taxes + manufacturing, so I wanted to compile it into a video for you all!! I hope this info can be useful :) As always if you have any more questions please leave a comment down below and if I can't get to it hopefully someone else can!
TIME STAMPS★
0:00 intro
1:33 manufacturing
1:44 why do I manufacture?
2:33 what should you manufacture?
4:24 how do i find manufacturers?
5:26 alibaba
7:50 squarespace!
8:30 proofs + samples
9:06 color profiles
10:45 how much stock to buy
11:53 TAXES
12:56 get an accountant!!
13:50 sales tax
14:56 do I need a business license?
15:40 income tax
16:29 how to save money on taxes
16:34 business expenses
19:01 retirement funds + SEP IRA
19:45 S Corps + do I need an LLC?
23:02 social media + marketing
23:14 does making merch hinder creativity?
24:41 how to factor in time for social media
25:50 tips for starting youtube
29:04 do you feel confined to a certain style?
30:32 what about artists who don’t want do youtube?
31:35 dealing with disappointment
32:07 how to grow and stay interesting
HELPFUL PODCASTS ★
money with katie podcast on tax savings/IRAs:
open.spotify.com/episode/73a570K9iINl7SqabfNJ1k?si=S9hoam4iT1eiTMYNkcqItQ
two sunlight tax podcasts on estimated quarterly payments + how to calculate it:
open.spotify.com/episode/2bGh9sybIp9f6k1qYBb6hx
open.spotify.com/episode/4om3iLcecDzzTcmi0reI9T
sunlight tax on what counts as taxable income:
open.spotify.com/episode/7IDIo1xCwhPZ9Bnd9SBccd
sunlight tax on business deductions:
open.spotify.com/episode/1vZ78NTFsm6PgBCsPVvesA
OTHER RESOURCES ★
where I file my taxes: brasstaxes.com
LLC versus a sole proprietorship:
nerdwallet.com/article/small-business/llc-vs-sole-proprietorship
what is an s-corp:
legalzoom.com/articles/what-is-an-s-corp-and-is-it-right-for-me
do I need a business license:
nerdwallet.com/article/small-business/do-i-need-a-business-license
what is an EIN and do I need one?:
investopedia.com/terms/e/employer-identification-number.asp
FIND ME HERE ★
SHOP: studiomeggy.com
patreon: patreon.com/studiomeggy
website: meganwangart.com
instagram: @studiomeggy
OTHER REFERRAL LINKS ★
CatPrint 10$ off new customers: https://www.catprint.com:443/referrals/new?id=bebuzuyogamaze
Flexispot 15$ off: flexispot.refr.cc/meganwang
EQUIPMENT I USE ★
sony zve-10: amzn.to/3spSZfH
wide angle lens: amzn.to/3NHjYPu
30mm lens: amzn.to/3LCvfhB
rollo label printer: amzn.to/3yForte
deity mic: amzn.to/3v8gKKO
blue yeti mic: amzn.to/3yYGnip
MUSIC ★
all my music is from epidemic sound
epidemicsound.com/referral/mlyv7z
─
current sub count: 52.3k
FTC: This video is sponsored by Squarespace. Some of the links above are affiliate links, which means I earn a small commission when you use them.
Head to squarespace.com/meganwang to save 10% off your first purchase of a website or domain using code MEGANWANG
----
A little disclaimer I didn't mention super clearly in the video is that a lot of this information is US specific!! I'm not sure how taxes/licenses etc work in other countries so I don't know how useful the tax section of this video will be for any non-american viewers. sorry!
But... I can't believe it's been over a year since I filmed my last art business video! I've learned a lot about taxes + manufacturing, so I wanted to compile it into a video for you all!! I hope this info can be useful :) As always if you have any more questions please leave a comment down below and if I can't get to it hopefully someone else can!
TIME STAMPS★
0:00 intro
1:33 manufacturing
1:44 why do I manufacture?
2:33 what should you manufacture?
4:24 how do i find manufacturers?
5:26 alibaba
7:50 squarespace!
8:30 proofs + samples
9:06 color profiles
10:45 how much stock to buy
11:53 TAXES
12:56 get an accountant!!
13:50 sales tax
14:56 do I need a business license?
15:40 income tax
16:29 how to save money on taxes
16:34 business expenses
19:01 retirement funds + SEP IRA
19:45 S Corps + do I need an LLC?
23:02 social media + marketing
23:14 does making merch hinder creativity?
24:41 how to factor in time for social media
25:50 tips for starting youtube
29:04 do you feel confined to a certain style?
30:32 what about artists who don’t want do youtube?
31:35 dealing with disappointment
32:07 how to grow and stay interesting
HELPFUL PODCASTS ★
money with katie podcast on tax savings/IRAs:
open.spotify.com/episode/73a570K9iINl7SqabfNJ1k?si=S9hoam4iT1eiTMYNkcqItQ
two sunlight tax podcasts on estimated quarterly payments + how to calculate it:
open.spotify.com/episode/2bGh9sybIp9f6k1qYBb6hx
open.spotify.com/episode/4om3iLcecDzzTcmi0reI9T
sunlight tax on what counts as taxable income:
open.spotify.com/episode/7IDIo1xCwhPZ9Bnd9SBccd
sunlight tax on business deductions:
open.spotify.com/episode/1vZ78NTFsm6PgBCsPVvesA
OTHER RESOURCES ★
where I file my taxes: brasstaxes.com
LLC versus a sole proprietorship:
nerdwallet.com/article/small-business/llc-vs-sole-proprietorship
what is an s-corp:
legalzoom.com/articles/what-is-an-s-corp-and-is-it-right-for-me
do I need a business license:
nerdwallet.com/article/small-business/do-i-need-a-business-license
what is an EIN and do I need one?:
investopedia.com/terms/e/employer-identification-number.asp
FIND ME HERE ★
SHOP: studiomeggy.com
patreon: patreon.com/studiomeggy
website: meganwangart.com
instagram: @studiomeggy
OTHER REFERRAL LINKS ★
CatPrint 10$ off new customers: https://www.catprint.com:443/referrals/new?id=bebuzuyogamaze
Flexispot 15$ off: flexispot.refr.cc/meganwang
EQUIPMENT I USE ★
sony zve-10: amzn.to/3spSZfH
wide angle lens: amzn.to/3NHjYPu
30mm lens: amzn.to/3LCvfhB
rollo label printer: amzn.to/3yForte
deity mic: amzn.to/3v8gKKO
blue yeti mic: amzn.to/3yYGnip
MUSIC ★
all my music is from epidemic sound
epidemicsound.com/referral/mlyv7z
─
current sub count: 52.3k
FTC: This video is sponsored by Squarespace. Some of the links above are affiliate links, which means I earn a small commission when you use them.
