Uncle Sam's Tax Audit Assistant, Entertainment Industry Edition: Important 1040 Issues Don't Risk Your Public Image (Or Personal Assets) By Not Being Adequately Prepared For An Internal Revenue Service Tax Audit! No Matter How Long You've Been Involved In The Entertainment Industry, You Are Certain To Learn Something New And Exciting That Could Literally Save Your Assets!
This is the IRS MANUAL written specifically for Internal Revenue Service Audit Agents to use while conducting audits of taxpayers in the Entertainment Industry. Uncle Sam's Tax Audit Assistant For The Entertainment Industry outlines material relative to the following taxpayers -
- The Recording Industry
- Technicians
- Producers
- Performers
- Other Workers In The Film Industry
- Live Performers
- Directors
The Internal Revenue Service has determined taxpayers in the entertainment industry are involved in three activities when engaged in their business for profit:
- Searching For Work Through Auditions Or Any Other Reasonable Means Of Attaining Employment In The Entertainment Industry
- Maintaining Their Position (skills, image, etc.) Through Reasonable Expenditures For Education, Training, Public Relations, etc.
- Any Personal Performance For Compensation
The purpose of Uncle Sam's Tax Audit Assistant is:
- To provide an overview of the activities encountered in audits of individuals in the entertainment industry.
- To familiarize auditors with issues and terminology pertinent to individuals in the Entertainment Industry.
- To assist auditors with their examinations by providing actual audit techniques.
