One Broke Actress

167. Taxes for Actors 101 with Brass Taxes Founder Rus Garofalo


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Rus Garofalo is teaming up with One Broke Actress to get rid of all the mystery behind taxes for creative professionals. When taxes come around, I know I get really stressed out with the dozens of W-2's and 1099's and what to write off and what not to write off and... it can be a lot. That's why Rus founded Brass Taxes, and why he continues to seek out team members who empathize with and can understand the hurdles that working actors, freelancers, and artists go through. So if you've ever had questions about what you should do to prep for your next tax return, this is for you.
⭐️ Use Code ONEBROKEACTRESS50 for $50 off your taxes this year!
00:11 — Episode Intro
02:49 — The Problem with Soundbite Financial Information
06:17 — What Started Brass Taxes
13:17 — The Lack of Education on Taxes
16:41 — Taxes + Creative Freedom
19:40 — How Creatives Should Prepare for Taxes
21:48 — What Defines a "Business" + Expense Tracking Tips
31:03 — Receipts + Redefining "Audit"
35:17 — H&R Block, TurboTax, and Freelancers
38:27 — Dealing with Tax Unpredictability
41:45 — 1099 General Rules
45:35 — Hiring Tax Pros + Downfalls of the Financial Industry
54:48 — Where to Find Rus
Resources Mentioned in This Episode:
The Brass Taxes Website
The Brass Taxes Podcast
The Brass Taxes Team
Join the email list to grab the Brass Taxes' documents (email [email protected] if you missed it!)
Watch the full-length video podcast here
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Want more? Check out Patreon for bonus episodes, IG Close Friends content, and so much more.
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One Broke ActressBy Sam Valentine

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