Minnesota musicians told they aren’t artists because they’re still touring, asked to pay $100K in back taxes

The pair are being told that they’re considered hobbyists, not artists, and therefore cannot write off touring expenses, because they hadn’t pursued being signed by a record label. This is, of course, in spite of documentation and features in magazines, which they tried to present to their auditor. The auditor’s response: “I’m a numbers guy. Let’s talk numbers.”

From the article:

The tax guy said that by this point in my career I needed to be signed by a major label, that I should have been signed to a major label by now, that I needed to be signed to a major label to establish myself. [He said that] there was no evidence that I was actively sending my records to major record labels, so therefore I must not be interested in profit, and not running a for-profit business.

Because fuck independent music, right?

MinnPost via Techdirt

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s