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This blog is intended for members of the sports and entertainment industries who want to increase their knowledge of tax, finance and accounting issues that affect their industry.Find Us!
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Recent Posts
- I Have a Dream, but I Don’t Have the Money for It… July 15, 2016
- Fantasy Sports November 11, 2015
- Minimize Chance of Audit November 5, 2015
- If Nick Cage Has To Pay Taxes, So Do You… September 23, 2015
- Multistate Film Credit September 8, 2015
Category Archives: Uncategorized
I Have a Dream, but I Don’t Have the Money for It…
Jennifer Sheprow – Intern – WithumSmith+Brown, PC Do you have a dream? What is it that you WANT to do but you may not have the initial capital on hand to pursue that dream… be an innovative home designer, raise … Continue reading
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Fantasy Sports
Maybe you are a fantasy sports junkie or maybe you saw too much advertising from Fanduel and DraftKings and you decided to enter the world of Daily Fantasy Sports (DFS). You enter a tournament and lo and behold, you win! … Continue reading
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Minimize Chance of Audit
Accounting Practices to help Minimize the Chance of an IRS Audit Most people fear death, failure, public speaking…and being audited by the IRS. Unfortunately…if Obama can get audited, so can you. There are no guarantees you won’t get audited, but … Continue reading
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Tagged audit, auditing, compliance, entertainment, expenses, irs, sports, tax
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If Nick Cage Has To Pay Taxes, So Do You…
No matter who you are, receiving a paycheck feels good. The amount doesn’t always matter because getting some income is better than getting no income at all. Us common folk who have a job that pays every other week (and … Continue reading
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Multistate Film Credit
Hello Internet. Actually, based on our traffic numbers, it’s a bit presumptive to say hello to the entire internet. Realistically, hello Mom, the four people who clicked this blog from my Facebook link, and the seven people who found this … Continue reading
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Professional Athletes and State Taxes
If you’re lucky enough to be paid to play a sport professionally, that’s a dream come true for some folks. But the tax issues that unfortunately arise with being a professional athlete can be a nightmare, especially when it comes … Continue reading
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Fundraising
What is the one thing you need if you plan to record an album, shoot a film, go on tour, or embark on any other creative venture? No, you don’t necessarily need an idea[1]. You need money. Unless you are independently … Continue reading
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