Rickholio, your advice is golden.
After dodging taxes for 5 years as a musician, they got me. they got me good.
If you're in the business for the long haul, it's best do keep it on the level. Spend the money, and get a good accountant who knows where you can push it, and where you can't. You'd be surprised what sends up flags, and what they'll let you get away with.
I've spent some hefty dollars on a great accounting firm the last couple of years, but they've got me paying next to nil (now that I'm caught up), and I have the piece of mind knowing nothings going to 'bite me in the ass' down the line.
