Uploaded October 2024 | Updated September 2026, 2 weeks ago

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They say the two things you can be certain about in life are death and taxes...

Consider checking out my merch: foolishfrankie.com
How to start gigging video: youtu.be/EYhGvrm2PQA

Disclaimer: Nothing in this video is financial advice. I am not a CPA and am not pretending to be one. Please seek the expertise of an accountant for tax advice on your specific situation.

Timestamps:
0:00 Intro
0:54 Traditional jobs vs independent contractor
1:43 How much to set aside/When to file
2:15 What are business expenses/write offs
4:32 Paying other musicians
6:40 Business bank account/bookkeeping
8:27 Clarifying the mileage deduction/home office
10:55 What about my social media income?

Bonus clips from this gig are on Patreon: patreon.com/FoolishFrankie

#musician #finance #musicianlife

📱Socials:
Instagram: instagram.com/foolishfrankie
TikTok: tiktok.com/@foolishfrankie
Spotify: open.spotify.com/artist/4rsDX5qPOXN1DZMn39VUXc

Join my Discord server! discord.gg/tw6pmx3

Management: foolishfrankie@gmail.com

📷Camera gear/other gear: amazon.com/shop/foolishfrankie

🎷My alto: sweetwater.sjv.io/nLgOWV

My alto mouthpiece: amzn.to/3woWsk2

Boston Sax Shop reeds (I play black label strength 3 on both alto and tenor): bostonsaxshop.com/shop/all-reeds?aff=2

This video contains affiliate links. I earn a small commission when purchases are made through the links above which helps support the channel🤗