Welcome to Eric M Hunt, CPA
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 musician who finds it challenging to fine-tune your finances, you are not alone. Many artists find it problematic to deal with tax forms, receipts, and royalties and are not sure how to navigate the intricacy of financial management in the music industry. The good news is that we have a perfect […]
