Starting Your Career As A Musician

(Frankie) #1

You’ll need a system in place to keep track of the tax money you’ve collected, prepare
a return, and then send off the return, along with a check for the money collected, to the
proper agency. Depending on the amount of taxes you collect, you can find yourself, or
an outsourced service, working on sales taxes monthly, quarterly, or annually.
When it comes to sales taxes for merchandise and music sold online, the best thing to


do is ask your accountant. Online sales tax can quickly become a can of worms, so it’s


best to ask the pro who’s much more up-to-date on online sales tax issues than you.

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