The One Big Beautiful Bill has one clear benefit to US-based independent recording artists for calendar year 2025. As of January 1, 2025, the first $150,000 of recording costs incurred by a recording artist in creating sound recordings and released this year can be deducted...
By Marc Jacobson, Esq. and Jerome M. Hesch, Esq. In the past, recording artists frequently entered into agreements with record labels through a loan out corporation which two recent cases confirm had the effect of eliminating their ability to exercise the statutory termination right, as codified...
Congress Gave Certain Entertainment Industry Investors A Christmas Present for 2015 and 2016! Section 181 is Back for Film & TV Projects and Now Theatrical Projects, Too. By Marc Jacobson[1] Now, certain investors in film and theatrical projects that begin production in 2015 or 2016 may deduct their...