Tag Archive for Peter Scalise Tax Advisor

Lights, Camera, Action and Tax Cut!

Peter Scalise

Your Practical Guide to Movie Production Tax Incentives

Introduction

Whether you’re a publicly held movie studio conglomerate producing and distributing substantial numbers of films annually commanding significant shares of box office revenues worldwide or an independent filmmaker, movie production tax incentives should certainly be considered and incorporated into the tax planning process to properly tax effect the cost of filmmaking.    Read More

Written by | Posted in ng Production Activities • q • Tax Incentives

Scope And Application Of The IRS Notice 2016-14 Effecting Form 3115 Filers

Peter Scalise

The Internal Revenue Service (hereinafter the “Service”) issued on March 24 of 2016 their Announcement 2016-14 addressing the transition period implementation dates in connection with the recently revised Form 3115 entitled “Application for Change in Accounting Method” which was most recently revised and released to the public in December of 2015. This presents a paradigm shift as while most tax forms and publications are updated annually, this was the first update to Form 3115 since December of 2009. Read More

Written by | Posted in Form 3115 • IRS