Unsure of the path that your art is leading you? Join us the first Saturday of the month to share your experiences as an artist. We start with a special activity, guest speaker, or discussion topic before diving into the queries of those in attendance.
For February’s meet up, Wave Pool will be joined by Elaine Grogan Luttrull, CPA-AFC(R) (she/her), the founder of Minerva Financial Arts, a company devoted to building financial literacy and empowerment in creative individuals and organizations.
If it is true that the only certain things in life are death and taxes, this workshop will make navigating one of those things considerably easier. We’ll begin by reviewing common questions that come up for creative individuals and focus the conversation on tax deductions (including the non-obvious ones).
By the end of this workshop, your questions will be answered, and you’ll have enough information to navigate tax season with confidence – and maybe even a little joy.
After this workshop, learners will have a solid grasp of the U.S. Federal income tax system so they can navigate annual tax filings with ease. To do that, we’ll:
· Identify ordinary and necessary deductions common to creative businesses.
· Review the overall income tax landscape for common federal and state filings.
· Estimate tax obligations for future planning.
· Highlight community resources for ongoing support.
Elaine Grogan Luttrull, CPA-PFS, AFC® (she/her) is the founder of Minerva Financial Arts, a company devoted to building financial literacy and empowerment in creative individuals and organizations. Her workshops and presentations have been featured nationally by groups that support the arts, including Creative Capital, the Pew Center for Arts & Heritage, the Joan Mitchell Foundation, Sundance, Firelight Media, the National YoungArts Foundation, and a variety of state arts councils and commissions.
Elaine spent 10 years in academia, teaching at the Columbus College of Art & Design and serving as the Department Head for Business & Entrepreneurship from 2014-2018. She regularly provides guest lectures for colleges, universities, and conservatories that serve the arts, including the Juilliard School, New England Conservatory, the School of Visual Arts, and the Cleveland Institute of Arts. Before that, Elaine served as the Director of Financial Analysis for The Juilliard School and in the Transaction Advisory Services practice of Ernst & Young in New York. Elaine is the author of Arts & Numbers (Agate, B2 2013), and she has contributed regularly to industry guides, including Professional Artist magazine, Business of Art from the Center for Cultural Innovation, and Create a Living Legacy from the Joan Mitchell Foundation. She is based in Dublin, Ohio (Kaskaskia and Hopewell indigenous and cultural lands) where she serves on the boards of the Short North Alliance and Healing Broken Circles.