DRA 105 - Budgeting for Artists

1. Classify contractual terminology that is industry standard for artists.
   1. Define independent contractor.
   2. Review the current state of the gig economy.
   3. Determine the union status of a contract.
   4. Compare potential standards of compensation in example markets.
2. Distinguish essential facets of understanding taxes for independent contractors.
   1. Differentiate federal and state taxes.
   2. Examine examples of deductions that could possibly be claimed.
   3. Point out the current monetary threshold of income from a single payer for filing as an independent contractor.
   4. Outline important dates related to filing as an independent contractor.
3. Produce effective record keeping tools that support a sustainable career as an artist.
   1. Break down examples of effective record keeping tools that support sustainable careers of gig workers.
   2. Organize receipts associated with possible deductions effectively.
   3. Design a personal budgeting tool that effectively shows expected business expenses.
   4. Design a personal budgeting tool that effectively shows expected personal expenses.