Moonlighting becomes common as 1980s work shifts
The 1980s see more self employment at night and weekends. Advertising execs, carpenters, and accountants take side gigs to supplement income amid recession cutbacks. Tax considerations include Keogh accounts, self‑employment tax rates, and home office deductions under recent changes.
MENTIONED IN THIS ARTICLE
Chicago Sun-Times
Tax tips for moonlighters and home office deductions
The article explains how part time work can allow deductions for a home office, utilities, and business expenses. It notes that 10 percent of apartment or home space may qualify, with caveats on selling the home and depreciation. It stresses meticulous record keeping and separate banking to substantiate expenses for moonlighting activities.
MENTIONED IN THIS ARTICLE
Keogh
Robert S. Greisman
Alexander Grant & Co
Girault
Greisman
IRS
Giants of the freeway billboards and the artist behind them
Los Angeles artist Gerhard Hanzlik paints massive highway billboards for Gannett Pacific Outdoor Advertising. From a high studio on Sunset Strip he and a team of 24 create lifelike movie star and product images, blending old master techniques with modern scale. He recalls fleeing East Germany and refining posters in Stuttgart before moving to Los Angeles in 1956.
MENTIONED IN THIS ARTICLE
Copley
Los Angeles
Michelangelo
Chapel
Gerhard Hanzlik
Hanzlik
Hollywood
Sunset Strip
Gannett Co
Pacific
The
Academy of Dresden
Stuttgart
West Germany
East Germany
Also Mentioned on This Page
Ginger Girault
Chicago
Touche Ross
Moonlighter
Knorr
Chapman
Shade
Tomlinson
Drexel
Baker
Knorr Import
Chippendale
Miller
Hickory
Heritage
Schaefer Brothers
Santa FE Square
Odessa
Winwood Mall
Henredon
G. Murthy Gollapadi, M.D
F.A.C.P
Diplomate
American Boards of Internal Medicine
Endocrinology
Texas