When you live in the spotlight, you want a tax advisor capable of standing discreetly by your side. Located in (Los Angeles, Orange County and Southern California, Manhattan Beach) since 2002, Phenomenal Tax & Accounting Services has made a name for itself in the heart of the entertainment industry. With years of experience in entertainment accounting and tax preparation, our firm has worked with numerous actors, models, agents, directors, writers, and publishers to increase profitability and decrease liability.
Some of the many tax considerations we help with that are unique or indicative of the entertainment industry include:
Deductible Expenses: With the new tax reform, it is important to sit down with your tax consultant as soon as possible to determine which deductions (if any) you might still be entitled to.
Handling of Royalties: As a potential income stream received over time, royalty payments offer a specific tax challenge that we can help you navigate and plan for over the long term.
Contract Negotiations: The terms of contracts can have significant tax implications. We can provide early consultation during the negotiation process, so you know which deal terms to include and where the potential red flags may lie.
Expense Timing: Many professionals in the entertainment business do not receive income on a regular, bi-weekly basis. We can provide planning for expense payments, so your cash flow is steady between jobs.
Entertainment Accounting and Tax Services for Glendale, Burbank, Pasadena, Hollywood, Beverly Hills
By understanding the atmosphere of the entertainment industry, our accountants have developed a preparation method that is used specifically for entertainment professionals. In addition to tax preparation services we offer our entertainment clients financial management services including:
Insurance analysis
Risk management
Phenomenal Tax & Accounting Services is the best choice for your sales and use tax consulting needs. Our professionals have in-depth experience specifically focused on assisting clients in a wide array of industries with their sales, use, and transaction tax matters. We have exceptional technical expertise, which we use to reduce our clients' financial risks and associated expenses, allowing them to devote more time and resources to their core business needs.
We provides exceptional tax consulting services to businesses generating under $250,000 annually to Fortune 500 companies with revenues in the billions. We also work on large dollar transactions tax items such as aircraft purchases. The following are a few examples of the diverse industries our professionals have successfully served:
Advertising
Aircraft and Boat Purchasers
Construction
Financial Services
Hotel
Internet Sales
IT Services
Manufacturing
Pharmaceutical
Restaurant
Retail
Software
Telecommunications
Others
Phenomenal Tax & Accounting Services is your company's portal to proven sales and use tax techniques and processes. Paul Antonious and Associates founded this firm on a results-by-design business model that emphasizes effectiveness, accountability, and client-driven value, delivering profitable ideas and performance, not promises. This type of specialization is critical when your business is dealing with complicated tax laws or powerful state revenue agents.
Phenomenal Tax & Accounting Services maximizes your bottom line by efficiently completing projects with minimal internal interruption while constantly seeking out opportunities to provide additional financial benefits. Operating inclusively and synergistically, we work with attorneys, accountants, and with company representatives directly to achieve outstanding results.
Let Phenomenal Tax & Accounting Services serve as your sales and use tax advocate, reach out to us today to learn more.
Whether you are new to the entertainment industry or a seasoned veteran, our entertainment accountants have the expertise to provide trustworthy personal and business financial advice in order to maximize your wealth. For additional information about our entertainment accounting services, call us at (310) 740-2310 or fill out our contact form.