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Billboard magazine interviewed Tax Partner Robert Pesce about business expenses and tax deductions for performing artists.

Featured: Robert Pesce, Partner, Tax & Business Services

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But as CPA Robert M. Pesce of New York accounting firm Marcum LLP says, “They’re not buying guitars for the tax deduction, they’re buying it to make beautiful music. A musician is in a business just like anybody else. The things you're talking about are necessary for their business, so whether they’re making recordings or doing live performances, they need equipment -- and that equipment is deductible. It’s either deductible in full or depreciable but it’s tax deductible because it’s used in their business.”

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Featured
Robert Pesce, Partner, Tax & Business

Partner
Tax & Business
New York, NY
 




 
 
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