#20: Know That You Need to Do Your Taxes

by actorguru on September 12, 2009

in 25 Things Every Actor Should Know Before Coming to Hollywood,Featured

taxes-1040-formWould believe that that many professional actors don’t take the time to actually file their taxes? I’m sure you heard the stories about celebrities owing the IRS millions of dollars in back taxes. Well, I can tell you this–you don’t want to owe the IRS anything! Now’s the time to get into the habit of doing your taxes if you aren’t doing it now.

A good accountant will help you “write things off.”  You’ll be surprised as to what you can legitimately write-off as an actor. Don’t be afraid of the IRS, embrace the IRS.

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{ 2 comments… read them below or add one }

caleb May 30, 2010 at 9:54 pm

yes,i wana be part of this but am now based in africa.what do i do?

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actorguru June 2, 2010 at 5:35 am

Try getting started locally.

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