Financial Advice

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  • Advice

    Congress Can Procrastinate, But You Shouldn't

    Despite what most people think, the Internal Revenue Service does not make the rules that it enforces.

  • Advice

    Finding a Good Preparer

    I lost money because my preparer didn't know how to make the best use of deductions on my tax return. The returns weren't wrong; they just weren't as right as they could have been.

  • Advice

    Preparing Your Return

    There is no simple way to put in plain words how a tax return gets prepared. It's like explaining something to a child who keeps asking "Why?" Every time you clarify one part, you have to explain something else.

  • Advice

    The IRS on the Prowl

    Last month the IRS announced that the number of audited returns had increased by 11 percent over the previous year. But you usually can't get into trouble if you tell the truth and file your returns on time.

  • Advice

    'Tis the Season to Get Prepared

    Acting opportunities slow down during the holiday season. You should use some of this available time to get started compiling your tax data. Better preparation leads to a larger refund, and most performers can always use more income.

  • Advice

    Financing Your Dream

    Unless you were born into wealth and your parents can afford to send you to whatever school you choose, you'll need to explore all your options for paying tuition, room and board, and incidental expenses.

  • Advice

    Five Inexpensive Ways to Help Your Acting Career

    You know the biggest expenses an actor has: classes, headshots, union dues, online casting services, and post cards and other marketing materials. So try the following inexpensive ways to move your career along.

  • Advice

    The Top 10 Acting Deductions to Take

    How to be smart about your tax deductions to save some cash and make your money go further.

  • Advice

    The Wisest Investments You Can Make In Your Career

    When actors think of investments, visions of dollar signs tend to flash before their eyes. Yet, some of the best career moves are less about money and more about critical thinking, savvy strategy, and a willingness to take chances.

  • Advice

    If You Hear From the IRS

    Everybody dreads getting mail from the Internal Revenue Service. If you do, never hesitate to open it. You would be surprised how many taxpayers put the envelope aside out of fear.