Welcome to Eric M Hunt, CPA
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 Most of that advice is useless, incomplete, outdated, or wrong.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 […]
It is a feeling of pride if your child is an actor or musician. But in the US, you must pay tax if your child is making good money. That is where we come in, we are the best CPA for child musicians and actors in Los Angeles. Your child puts in lots of hard […]
You have incredible creative freedom, whether you are an actor, musician, writer, or behind-the-scenes professional. However, it also brings complex tax responsibilities that many freelancers overlook. Missing deadlines, misclassifying income, or failing to track deductions can lead to costly penalties and unnecessary stress. In this guide, we will break down the most common tax mistakes […]
