fbpx

Join the movement

Join the movement!

Join the movement!

Share this:

Handling Your Music Finances From a Business Manager and Accountant

bandzoogle_banner_660x80

Join the movement!

Handling Your Music Finances From a Business Manager and Accountant

Must Read

7 Ways to Find a Manager

The manager is the most important person in your operation. Your manager is your teammate. Your partner. Your friend. Finding a manager is about timing, being in the right place at the right time and, really, making it seem like you don’t need a manager.

When Greeting Fans, Never Say These 4 Words

When you’re at a show, you are onstage from the moment the doors open to the moment they close. Even if you’re not physically standing on the stage. You are the artist and there is a spotlight on you, even if you’re hiding in the corner trying to get ready. If you’re being loud and obnoxious at the bar during the opener’s set, people will notice.

How To Actually Make 2023 Work For You

Can you feel it? The kindling of hope. The match of passion. The flicker of possibility.
Avatar photo
Ari Herstand
Ari Herstand is a Los Angeles based musician, the founder and CEO of Ari’s Take and the author of How to Make It in the New Music Business.
Share this:
Handling Your Music Finances From a Business Manager and Accountant

Listen on your favorite podcast platform: Spotify | Apple Podcasts | Stitcher | Acast

This week on the New Music Business, I spoke with Pink Noise’s business manager Khloe Churko, alongside tax preparer and fellow podcaster Stephanie Belcher. We dive deep into the weeds of music industry finances including bookkeeping, 1099s, LLCs versus S Corps, DBAs, how PROs pay artists, and so much more!

4:00 Welcome
7:30 What does a business manager do?
9:00 Sirius XM and Sound Exchange
13:30 Bookkeeping process
17:45 Taxes
22:00 What is a tax return?
32:30 LLC Vs. S Corp
45:45 Payroll
49:00 AB5 Law
53:30 LLC Vs. S Corp (Continued)
1:02:30 Doing business as (DBA)
1:04:00 Working with your Performing Rights Organization (PRO)
1:06:30 What’s wrong with Legal Zoom
1:08:00 Alternative to Legal Zoom
1:11:20 Statewide tax rates
1:14:45 Thank yous and final question

Edited and mixed by Maxton Hunter
Music by Brassroots District
Produced by the team at Ari’s Take

About The Author

Avatar photo
Ari Herstand
Ari Herstand is a Los Angeles based musician, the founder and CEO of Ari’s Take and the author of How to Make It in the New Music Business.

Join the movement!

Book Ads (728 × 90 px) magenta
Advertisement
Unlimited Release on Tunecore for only $14.99/year

Podcast

Is SubmitHub Good or Bad for Indie Musicians: Interview with the Founder

Jason Grishkoff started a music blog called Indie Shuffle back in 2007, when music blogs were still cool. After a 3-year stint at Google, he was lucky to take the blog full-time in 2013. From 2014 to 2015 digital advertising in the music industry changed rapidly, and a number of bloggers found themselves looking for alternative sources of income. Many gave up to focus on their day jobs, but Jason decided to double-down on his coding abilities and created a website called SubmitHub, where musicians, labels and publicists could submit their songs to blogs like Indie Shuffle. Flash forward to 2022 and nearly 30 million submissions have been submitted through the platform. Jason still runs the operation as the only developer, and the product is constantly evolving to meet the needs of the modern music promotion industry.
Advertisement
Unlimited Release on Tunecore for only $14.99/year
SideDoor_OTR_300x600

Related Posts