The two things sure to happen at some time in your life are death and taxes. We can discuss the former at
another time, but taxes are around the corner. I’ve finished mine this morning, and it was a headache as usual.
I have noticed a lot of artists just operate under the table, selling things here and there, buying supplies out of their regular checking account, or on credit cards. But it can be to your great advantage to go get yourself a DBA (doing business as), and get a state tax ID#. You can claim your losses as a deduction on your taxes; you can even claim your studio space within your home. You can use your tax ID# to buy any supplies tax-free that you plan to use as a part of your artwork to be sold. It also forces you to see your money spent vs. money earned.
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