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Finance

Feature stories offering insight on the business side of songwriting.

Understanding Mechanical Royalties
Per-unit payments made by the record company to the music publisher for the reproduction of copyrighted musical compositions can make up an important part of a songwriters income.


Tax Deductions for Musicians
If you have put off handling your taxes, do it now, before another year gets added to the pile of "I don't want to deal with this."


Where the Money Goes
So, a new CD of yours costs "Joe Music Lover" $16.99 in the store. How much do you get from the sale, and how is your overall income determined from royalties for recordings? This article breaks it down into simple facts and figures.


A Musician's Retirement Plan
It's never too late to start saving, even on a musician's income. If you can't distinguish an IRA from the IRS, this will clear up in simple language the various tools for creating a nest egg for your old age.


Taxes and Recordkeeping: Part 1
Receipts. Receipts. Receipts. How they pile up, and why you have to keep them. Six tips on how to make sure your taxes and recordkeeping work to your advantage.


Taxes and Recordkeeping: Part 2
Receipts. Receipts. Receipts. How they pile up, and why you have to keep them. Six tips on how to make sure your taxes and recordkeeping work to your advantage.


A Side Note About Credit Cards and Credit Reports
Taking the time and making the investment in reviewing your credit report puts you in the driver's seat of your financial score.


Does Your Money Matter?
Of course it does, but how much of it do you save and how much more do you waste? Learn how to keep more than you shell out, and tackle the dangerous freedom of credit cards and how to keep from going into debt.



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