Guide · 6 min read
Tips, booth rent, product costs, and tax — the financial system for nail techs and salon owners.
Most nail techs don't track product costs, mileage between salons, or continuing education — and miss $3–6K in deductions every year. The IRS also targets the beauty industry hard on tips. Clean books protect you and cut your tax bill.
One account for booking payments, tips, retail product sales. One card for booth rent, supplies, education.
At end of every shift, log tips by payment type. Takes 30 seconds. Saves you in an audit.
Polish, gels, acrylic powder, files, tips — track what you buy. Section 179 lets you expense lamps, drills, and chairs in full the year you buy them.
Save 25–30% of net profit. Pay the IRS in April, June, September, and January. Skip a quarter and you owe penalties.
SnapBooks tracks every tip, product cost, and booth payment — and tells you exactly what to pay the IRS.
Start freeDepends on the arrangement. Booth/chair renters are independent contractors (1099) and file Schedule C. Salon employees get W-2. Misclassification is the #1 audit trigger in beauty — get this right.
Booth rent, products (gels, polish, acrylic, tips), tools (drills, files, lamps), license & continuing ed, liability insurance, uniforms/aprons, marketing, and mileage between salons.
In most states no — but products you sell at retail (polish, files for clients to take home) are taxable. A few states (HI, NM, SD) tax services too.
All tips count as income — cash, card, and Venmo. Track them daily. Underreporting tips is the fastest path to a beauty-industry audit.
Once you clear ~$40K profit, an LLC + S-corp election usually saves $2–5K in self-employment tax. Below that, sole prop is fine.