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Cashflow Strategies for the Sports & Entertainment Industry

KROST

This is one of the articles in the KROST Industry Sports & Entertainment Issue, titled “Understanding the Complexities of Tax for Professional Athletes” by Alan Lo. The post Cashflow Strategies for the Sports & Entertainment Industry appeared first on KROST. CPA, MAcc & Randall Poe.

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Kevin D. Holmes Named Business of Entertainment Visionary by L.A. Times

Withum

Holmes on their list of Business of Entertainment Visionaries for 2024. His clients in the entertainment industry include global artists, business management firms, and established and growing companies across the country. Times B2B Publishing honored Business of Entertainment Visionaries in its June 18, 2024 edition.

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Client Accounting Service Strategies for Success in the Sports & Entertainment Industry

KROST

This is one of the articles in the KROST Industry Sports & Entertainment Issue, titled “Client Accounting Service Strategies for Success in the Sports & Entertainment Industry” by Stacey R. The post Client Accounting Service Strategies for Success in the Sports & Entertainment Industry appeared first on KROST.

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Staff entertaining & trivial benefits in relation to Christmas parties

Wellers Accounting

How gifts, staff entertaining, and Christmas parties can be exempt from taxation courtesy of trivial benfits and the annual function exemption.

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2024 Tax Deduction for Meals and Entertainment

Dent Moses

The meals and entertainment deduction has gone through several revisions in recent years. Before 2018, meals and entertainment were eligible for a 50% tax deduction. Beginning with the 2018 tax year, the Tax Cuts and Jobs Act eliminated the deduction for entertainment expenses altogether, while most meals remained 50% deductible.

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Deducting Meals and Entertainment Expenses

CapataCPA

Deducting Meals and Entertainment Expenses While the Tax Cuts and Jobs Act (TCJA) of 2017 eliminated many deductions for business meals and entertainment, there are still some deductions available. The post Deducting Meals and Entertainment Expenses appeared first on CPA firm in Orange County, CA | CAPATA.

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Loan-Out Corporations – Maximizing Tax Savings & Financial Flexibility for Sports & Entertainment Professionals

KROST

Loan-out corporations are widely used by sports and entertainment professionals as a tax and financial strategy. The post Loan-Out Corporations – Maximizing Tax Savings & Financial Flexibility for Sports & Entertainment Professionals appeared first on KROST.