[Fmpro] ASCAP & Taxes

[Pete]

No, because she didn't expend those expenses, ASCAP
did. Her taxable ASCAP income is calculated after
those expenses have been deducted. Deducting them
again would be double-dipping.

Unless, I missed something.

P e t e
S u r d o v a l


--- leshurdle <leshurdle at avradionet.com> wrote:
> A songwriter friend of mine [yep I do have some
> left]........ asks.
> 
> Since ASCAP deducts admin expenses from here income,
> can she deduct  
> said expense from her taxes?
> 
> Hmmmmmmmm
> 
> L


 
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