Taxes for Massage Therapists

Course overview

The Tax Cuts and Jobs Act of 2017 introduced changes that affect individuals, corporations, and pass-through entities. It alters deductions, definitions, tax rates, and brackets and simplifies the tax code. This course gives a brief description of the changes, defines business entities, describes how to file, outlines how to prepare for an audit and lists some common deductions for massage therapists. When participants finish this course, they will be able to: • Describe how the Tax Cuts and Jobs Act of 2017 will affect 2018–2025 tax filings for massage therapists. • Define types of business entities and filing methods. • Differentiate between employees and independent contractors. • Prepare for an audit using your business records. • List common deductions for massage therapists.