all

Unions Ask Congress to Restore Business Expense Deductions for Hollywood Workers

Reading now: 296
www.hollywoodreporter.com

A coalition of almost 20 entertainment unions, management organizations and associations on Monday urged Congress to pass legislation restoring deductibility of business expenses for entertainment workers, which was effectively eliminated in the 2017 tax revision championed by Republicans and President Donald Trump.

That was a change that hit unionized actors, crew, directors and writers especially hard, because entertainment is one of the few industries in which workers are categorized as employees yet have potentially large unreimbursed business expenses: agent and manager commissions, attorney fees, training classes, equipment and more can add up to as much as an estimated 30 percent of a worker’s income.

Read more on hollywoodreporter.com
The website covid-19.rehab is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA