Product Placements v. Good Writing
Cost-conscious studio execs are increasingly using product placement as a means to offset spiraling production costs. But does it make for good art? ...
Posts Tagged ‘filmmakers’
Film Production Expenses Federal Tax Provision Set to Expire January 1
The federal tax provision for the motion picture and TV industry, called Section 181, is set to expire January 1, 2010. This incentive allows a production company to deduct up to $15 million in costs of any qualifying film or television production instead of having to capitalize and depreciate such costs over several years. This ...
Time Running Out for Tax Incentives for Filmmakers
In 2004, Congress gave filmmakers a wonderful gift in the form a tax break which allows the owners of a qualified film or television production to deduct production costs in the year the costs were incurred, rather than capitalizing and recovering such costs over time through depreciation. This is a substantial incentive for investors because ...