Jump to content

Accounting question


Recommended Posts

I am the treasurer of a local non profit music association

 

We do live music open mic events twice a month.

 

Venues pay us $300 per event.

 

.Org keeps $50 + tips

 

The rest I distribute to musicians that help run it.

 

I am sure the venue counts the $300 as an expense.

 

How do I categorize that expense? Do I have to issue w-2/w-9 or whatever after $600 to each musician? Any thoughts or input?

 

 

 

Sent from my iPhone using Tapatalk Pro

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.



×
×
  • Create New...