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Every American Should Do This. Musicians, Save hundreds or thousands of dollars yearly

What's the  best way to get a  discount on all your music equipment?

This is not an advertisement. It's the law. Every rich person in America does this. Everyone should. If you play music and you want to play music live or you want to sell your music, then you want a music business.Start your own business now. It's extremely easy to do. 100% legitimate. It is even encouraged!

So all those beers you drank while watching a great musician play? That's business.
That new Les Paul Guitar? Business

There's no law that you're business can't be fun!

It doesn't mean that you get all this for free, it just means you can deduct your expenses from your income. The only catch is if the total deducted is less than the basic deduction then you're better off taking the basic deduction.

The only other catch is that you will need to track it. You can deduct:
  • Auto expenses: every mile you drive is money back
  • Phone, hotels, 
  • Food is 50% deducted from meals out
  • Equipment
  •  Computers, computer software
  • Phones
  • Even part of your house expenses if you have a dedicated office space (called the music room in my house)
I would much prefer a tax system that didn't encourage complexity and took more money from people who can afford it instead of those who can barely pay rent, but that's a different story.

To do it, you'll need schedule A to list individual deductions, Schedule C to report profits/loss. That's about it. It's much easier than learning a new song, but a lot less fun.

Also, remember, I'm a musician not an accountant. Check for yourself.

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