Taxes 101 for Creatives

Taxes 101 for Creatives – Understanding how and when to start preparing for your tax returnTaxes 101- a continuation of Bookkeeping 101 this interactive workshop will help you understand how and when to start preparing your taxes as a self-employed creative. Applying income and eligible expenses groupings for tax purposes to the bookkeeping templates created in Bookkeeping 101 workshop.YOU WILL LEARNHow different income is reported and taxed as self-employed creativesHow to report eligible tax expenses using T2125 form for self-employed creativesCreating a tailored cheat sheet for eligible tax expenses for creativesUnderstanding some of the common tax slips you can receive and what to prepare for your accountantAbout the Facilitator:Although Jennifer’s studies and career led her to the accounting professionals working in public accounting, financial reporting, recruiting and student program development, she feeds her creative mind through dance and as a Pilates instructor. As an avid dancer, she takes time to give back to organizations like City Dance Corps, TUDS, Dance Ontario, and UNITY to help cultivate awareness about the dance community and support our talented local dancers.Please note, this is the second class of a Financial Literacy series. If you like to obtain a full understanding of financial management for artists, we encourage you to check our calendar for the next sessions:  3. Cash flow/Budgeting 101 – How to manage self-employed cash flow and estimate taxes owingPricing: General Admission: $30 + taxLaunchpad Members enjoy 25% off all programming.Join Zoom MeetingThe zoom link and password will be sent in your ticket.  Please make sure to check your email. Photographs and/or video will be taken at this event. By taking part in this event you grant the event organisers full rights to use the images resulting from the photography/video filming, and any reproductions or adaptations of the images for fundraising, publicity or other purposes to help achieve the group’s aims. This might include (but is not limited to), the right to use them in their printed and online publicity, social media, press releases and funding applications. If you do not wish to be photographed please inform an event organiser. 

Via Zoom

Taxes 101 for Creatives – Understanding how and when to start preparing for your tax return

Taxes 101- a continuation of Bookkeeping 101 this interactive workshop will help you understand how and when to start preparing your taxes as a self-employed creative. Applying income and eligible expenses groupings for tax purposes to the bookkeeping templates created in Bookkeeping 101 workshop.

YOU WILL LEARN

  • How different income is reported and taxed as self-employed creatives

  • How to report eligible tax expenses using T2125 form for self-employed creatives

  • Creating a tailored cheat sheet for eligible tax expenses for creatives

  • Understanding some of the common tax slips you can receive and what to prepare for your accountant

About the Facilitator:
Although Jennifer’s studies and career led her to the accounting professionals working in public accounting, financial reporting, recruiting and student program development, she feeds her creative mind through dance and as a Pilates instructor. As an avid dancer, she takes time to give back to organizations like City Dance Corps, TUDS, Dance Ontario, and UNITY to help cultivate awareness about the dance community and support our talented local dancers.

Please note, this is the second class of a Financial Literacy series. If you like to obtain a full understanding of financial management for artists, we encourage you to check our calendar for the next sessions:  
3. Cash flow/Budgeting 101 – How to manage self-employed cash flow and estimate taxes owing

Pricing: 
General Admission: $30 + tax

Launchpad Members enjoy 25% off all programming.

Join Zoom Meeting

The zoom link and password will be sent in your ticket.  Please make sure to check your email. 

Photographs and/or video will be taken at this event. By taking part in this event you grant the event organisers full rights to use the images resulting from the photography/video filming, and any reproductions or adaptations of the images for fundraising, publicity or other purposes to help achieve the group’s aims. This might include (but is not limited to), the right to use them in their printed and online publicity, social media, press releases and funding applications. If you do not wish to be photographed please inform an event organiser.