Accounting

Do you have written in your policies, fees that are late incur extra charges? If so, how much extra do you charge? $20 late fee, no exceptions. My invoice says no places held without payment. I charge $25 if an invoice is more than 5…

• Last updated 6 years ago
• answering questions about fees, automatic payments, changing studio policies, charging late fees, claiming territory, collecting payment, communication, discount for paying early, discounted fees, enforcing your policy, fees, fees for late payment, how much do you charge, how much to charge, invoicing, late fees, lesson fees, payment fees, payment methods, payments, policies, policy, requirements, setting fees, setting policies, stating fees, studio policies, studio policy, studio policy regarding late fees, when to charge a late fee

Are piano lesson fees tax-deductible for families? I just had a family ask for a receipt for all of 2016 fees. Not asking for tax advice, just curious. No. Only if someone’s a professional musician and can claim music expenses as business expenses. I’ve had…

• Last updated 8 years ago
• tax deductible lessons, tax deduction, taxes