Welcome to Eric M Hunt, CPA
Creative careers often start informally: actors begin earning money from small projects, musicians from streaming income, and directors from independent film work. At first, this income feels occasional, but over time it grows. When you start making good money, these questions come to mind: Should I form an LLC or elect S Corporation status to […]
Film production moves fast. Money flows in from investors, tax credits, pre-sales, and distributors, then flows right back out to cast, crew, equipment, locations, and post-production. In the middle of that controlled chaos sits one critical responsibility: financial management. Many producers wait until filming wraps to bring in an accountant. That delay often creates reporting […]
It is essential to know when to start planning for Social Security benefits. It helps to make better decisions. The age at which you claim can affect your monthly income for the rest of your life. Due to numerous updates taking effect in 2026, many people and families are uncertain about the best strategy. This […]
Most of us get tax advice from friends, social media, and industry forms, so do the actors, musicians, directors, dancers, and other creative professionals. Most of that advice is useless, incomplete, outdated, or wrong. Nowadays, tax myths spread quickly online and on social media, leading to poor guidance and penalties. If you have clear information […]
Creative professionals rarely have a simple financial life. Writers, dancers, directors, designers, choreographers, and other artists often work project to project, earn income from several sources, and invest heavily in their craft. Because of this, many creatives either miss valuable tax deductions or feel unsure about what is actually allowed. Understanding legitimate deductions is not […]
Musicians’ income streams are very diverse; they come from different people and platforms into your bank account. The report of the royalty income is the most confusing part of income tax. Sometimes, payment arrives late on different platforms from different people. Streaming income, performance royalties, mechanical royalties, and sync licensing all follow different paths before […]
Most of the actors have multiple income sources. In a year, they can make income from union wages, non-union projects, residuals, commercial work, appearances, teaching, and personal brand income. As we can see here, actors have multiple income sources, and having various sources can feel good, but they can become complex when it comes to […]
If you are an actor, musician, or creative professional, chances are your career does not follow a straight line. One month you might have a high income, and the following month things slow down. Payments come from different sources, contracts change often, and expenses don’t always fit neatly into standard tax categories. That’s why choosing […]
If you are a California property owner using an LLC, you have likely heard a story: a simple change in business structure triggers a massive property tax reassessment, sending your annual bill soaring. Under California’s Proposition 13, property taxes are based on the purchase price, with only modest annual increases. If you change ownership, it […]
You can not afford to ignore property taxes in California. If you miss a due date, it can lead to penalties, interest, and unnecessary stress. Yet many people still feel confused about the timeline installment structure, tax due date, and county-specific variations. If you understand how the system works, it will help you stay compliant […]
