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Ask Bing™ / Matting and Framing Art as a business

Accounting In Picture Framing?

I just want to sell my photography.

Accounting in Picture Framing If you are going to seriously be in business-get an accountant. A good accountant.

I do not suggest this to ferret out all your deductions or take off your basement as a business expense. Business is about making money. You must know if you are making money or can expect to make money shortly.

I normally avoid larger accounting firms-they are too expensive and need larger firms as clients. Also, avoid the guy down the street who can "do your taxes" or the accountant you see only once a year

What you need is an accountant who can advise you. Someone who will not smile, do your taxes and send you on your way.

If you can't find an accountant (it is hard), find an adviser. Forget your privacy and your lack of business knowledge. Show your sales and expenses to someone you trust who has some small business experience.

The decisions are still yours. You do not have to follow their advice. But, you need someone who can give you advice who is not emotionally involved in your business and your goals.

Bing