Isabella P. asked
I run a small independent record label. How do I expense the costs incurred for making an album, such as studio costs and audio engineering? Is this considered Cost of Goods Sold or operating expenses? Also, what category should I put the company under for tax purposes, especially if it's just digital distribution?
January 17th, 2023
Andrea P. answered
The costs incurred for making an album, such as studio costs and audio engineering, are typically co...
January 17th, 2023
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