Monthly Archives: February 2007

IRS eliminates tax breaks for some independent films

3 years ago, partially in response to runaway production, Congress developed tax incentives which gave independent filmmakers tax breaks on films up to $15 Million. In a ruling earlier this month, the IRS imposes new requirements that will eliminate this incentive for many independent films Under th American Jobs Creation Act of ...

Read the full article »

IRS eliminates tax breaks for some independent films

3 years ago, partially in response to runaway production, Congress developed tax incentives which gave independent filmmakers tax breaks on films up to $15 Million. In a ruling earlier this month, the IRS imposes new requirements that will eliminate this incentive for many independent films Under th American Jobs Creation Act of 2004, domestically made films ...

Read the full article »