Tax Deductions For Actors

It's that time of year! Tax season is here and everyone is trying to take deductions off their taxes in an effort to save money.  Not sure what deductions you can claim if you're an actor? Here's some tips to help you save money and perhaps even get a refund this year.

The first thing to remember is that actors are often considered "independent contractors" and not employees. For the purpose of your taxes, acting is your line of work/your business. As such, a self-employed actor can deduct expenses that are directly related to acting activities and are not extravagant when it comes to properly doing their work. In other words, the deduction must be deemed to be ordinary and necessary in the eyes of the IRS.

Some actors try to deduct everyday items like clothing, hair, makeup and gym memberships on their taxes. This is a very fine line to walk for many people because the use of the above items must be clearly defined by the actor. For instance, makeup for a photo session or a stage play can be deducted but not makeup bought for use during a normal day. Clothing is always an area that needs to be handled with caution. Even if an outfit was bought for an audition, clothes that can be worn to lunch or to the beach are not considered tax deductible. A gym membership is rarely deductible because it is considered exercise and not "research" or "training".

There are some items that count as "research". Some examples include movies, magazine subscriptions and books that keep you up-to-date on your profession. Movie tickets can count as research for your profession as well as some (or all) of your cable, Netflix and Hulu subscriptions.

How much money did you pay to your agent and manager last year? Any fees paid to your representatives or a PR firm are marked as business expenses. However, you do need to provide statements showing your payments as well as examples of the services they provided. Also, any fees you paid for acting classes, private sessions and casting director workshops can be deducted.

Be sure and keep a mileage book in your car as driving to auditions, agent and manager meetings, classes, rehearsals and paid acting jobs can all be counted as business trips. Also, traveling out of town for work can include some deductions. The expenses that only happen due to being away from home for the night can be deducted.

Did you mail anything career related last year? Expenses from Fed Ex, UPS and the Post Office that were a result of mailing resumes and headshots can all be deducted.

Speaking of resumes and headshots...Those two items along with postcards and fees charged by sites like LA Casting can all be classified as "promotional expenses" and can be deducted from your taxes.

Any acting union dues you pay are tax deductible.

Finally, doing business on your phone can be written off on your taxes. Making business calls as well as buying a new phone can be tax deductions if you have the proper paperwork to show how you used them for business.

I hope the examples listed above help you save some money. Take the money you saved and put it towards new headshots or a publicist and make this the best year of your career!

This actor just finished his taxes.

How To Dress The "Acting Part" On A Budget

Wardrobe is a big part of the daily existence of an actor. While big budget movies and television shows have their own wardrobe departments that supply the main actors and major guest stars with their outfits, many actors don't have the opportunity to work on larger productions. They work on commercials, do background work and book smaller guest star roles that require them to supply their own clothes. Some smaller shoots do have clothes on hand to help fill-in various wardrobe needs with standard size generic looking clothes. More often than not, the actor booking the role will get a call from wardrobe asking them to bring specific types of clothes to the shoot. The clothing request is made so the production will have outfit options for various scenes.

What's an actor with a limited budget supposed to do when they book a job for the next day with wardrobe requests? What are the best choices in Los Angeles for camera ready clothes on a budget?

The following is not a comprehensive list of places to shop for clothes on a budget. It is more of a "starter kit" to help find stores to shop at for auditions or booked jobs:

1. The Council Thrift Shops (NCJWLA/National Council of Jewish Women) - Worth checking out for the occasional name brand clothing. Multiple locations around Los Angeles.
2. Berda Paradise Thrift Store - A play on words as well as the first name (Berda) of the founder of the store. A thrift store with a good heart as it benefits the Hollywood Sunset Free Clinic. Vintage clothing, name brands, purses and other goodies can be found at this store on Sunset Boulevard in Silver Lake.
3. American Cancer Society Discovery Shop - A set of stores across Los Angeles near and dear to my heart as my wife works for the American Cancer Society. There is sometimes more of a focus on furniture and home decorating items but still worth checking out for a few clothing items.
4. Wasteland - With three locations in the Los Angeles area, Wasteland is a definite resource for clothing on a budget. The actor searching for clothes will find anything from designer suits and jeans to shirts perfect for auditions and hanging out with friends. There is also a good selection of casual clothes. Wasteland is a place where almost any style of clothes can be found on the right day at a good price.
5. It's A Wrap - This is kind of an odd place because the clothes in the store are actual wardrobe pieces from TV shows and movies. If nothing else, it gives an actor a good idea of the wardrobe style of various productions. Plus, where else can you buy a random outfit from "Dancing With The Stars"? There's one location in Burbank and one on Robertson Blvd on the Westside.
6. Squaresville - A 2-story vintage store on Vermont with a little bit of everything in terms of clothing. Casual and designer clothes, shoes and accessories can all be found at this store.
7. Out Of The Closet - There are three or four locations of Out Of The Closet around town. Their selection of clothes shares space with housewares and books with part of the proceeds benefiting the AIDS Healthcare Foundation. 
8. Jet Rag - A vintage clothing store on La Brea that sometimes leans towards more eclectic selections but still worth checking out on a regular basis. It can be a little crazy on Sundays when they hold their $1 sales.
9. Crossroads - The number of Crossroads locations across Los Angeles makes it easy to find a location. Although they are not big on dress clothes or designer wear, they are a great option when searching for more casual outfits.
10. Buffalo Exchange - Their tagline says they specialize in new and recycled fashion. This is true as new/gently worn clothes hang next to vintage concert t-shirts and faded jeans. A good place to shop for stage clothes as well as clothes for filming.

In a city the size of Los Angeles, there are dozens of options when it comes to shopping for acting clothes. There are many recycled and vintage clothing stores that sell outfits that still look brand new. It's always nice to wear an outfit that cost very little but still looks like a million bucks.

The parents of this actor have had good luck at thrift stores.