Entertainment industry
We have experience with a variety of entertainers from actors to Grammy winning music performers and to management firms handling talent. There are unique characteristics of the entertainment industry in terms of income recognition and write offs and deductions that only an experienced tax professional that has worked over 15 years with entertainers would know.
we know the taxing regimes for entertianers
Entertainers are unique from most taxpayers if only due to the complexity caused by having to report in the many different states in which they perform during any given year. While some businesses do report in multiple states, they tend to do so in the same states every year. The entertainer may report in different states each year. It is important to have a tax professional that has experience and knowledge in those different taxing regimes.