1 Beneficial New Tax Code for Producers

Some very good news for filmmakers and theater artists emerged in December 2015—and from our nation’s capital, no less. Section 181 of the Internal Revenue Service tax code was renewed by the United States House and Senate and signed into law by President Obama Dec. 18, which means film, television, and now theater productions can qualify for 2015 tax deductions. Aimed at keeping the entertainment industr…

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