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Set Up a Legit Record Label

a compilation graphic of a music studio background with a microphone and some records with the words set up a legit record label lastdayrecords.com
03/16/2022 by lastdayrecordsllc Business Tips, Fresh News, Music Business Services, Record Label Setup business registration, indie artists, lastdayrecords, marketing, music business services, record label owners, recordlabel, stl, tax cuts, tax writeoffs

Ready to set up a record label? Call us today 314-334-5501!

As an indie music artist you need a record label! And you can have your own! The benefits are truly endless when you set up a legit record label. Here are 4 primary reasons:

Your music under a business offers tax cuts. If you released your music under your personal name or a DBA, these special tax cuts are unavailable to you. For more on that, click here.

Your music career is a business and you should treat it as such. Releasing your music under a record label shows extra investment on your end to build credibility and trust as an indie music artist.

Your music should not cause any unnecessary risk to your personal assets such as your home, car, savings etc. Owning your own record label means limiting your risk and personal liability. For more on that, click here.

Your music career should have the maximum return on investment. Simply put, it’s impossible to cost-effectively collect all available publishing and royalties unless your music is released under a record label.

This short list is only the beginning of why you need to set up a legit record label as an indie music artist!

Let’s Talk!

314-334-5501

Please take note that the Last Day Records‘ team are not tax professionals, CPAs, or attorneys. We prepared this material for informational purposes only. It is not intended to provide, and should not be relied on for, tax, legal or accounting advice. All recipients should consult their tax advisor for information regarding their specific tax scenario.

Record Label Setup

External Sources:

https://www.irs.gov

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