There are many ways to make it in the entertainment industry. However, some are bold enough to invest in movies. While the profit potential can be huge, and it sounds exciting, it is not for the faint of heart. Find out more about the risks and opportunities when considering a move like this.
As Seen in Backstage: How the Entertainment Industry Is Dealing With Coronavirus—the Latest
As Seen in Yahoo Finance: 4 Top Entertainment Company Stocks to Watch for 2021
As Seen in Barron's: Wealthy Women: How Firms are Positioning to Capture a Huge Market
Tax-Exempt or Tax-Deferred?
Retirement planning can be a complicated exercise. One important decision is whether to use tax-exempt or tax-deferred accounts. Understanding the differences between the two, and how this impacts your future, could make a huge impact on your retirement income. Take the time to understand this concept now.
Why CPAs Should Partner with a Tax and Financial Advisor
AICPA encourages COVID-19 tax relief and issues new auditing standards
Active vs. Passive Management
Like Jordan vs. LeBron or Messi vs. Ronaldo, the debate over whether active or passive funds are better is never-ending with little ground given on either side. The age-old argument has sparked back into life and while it may not quite have been a win for the passive, it was enough to keep it ahead in the long-run series.
Managing Short and Long-Term Capital Gains
Generally, the more income an investment generates, the higher the tax bill. But that doesn't always have to be the case. When comparing different investments to one another, the one leaving the most after-tax returns in the bank relative to the size of the investment is typically the most tax-efficient.
The SECURE Act - The Details You Need To Know Today
CASE Act Passes US House of Representatives
Event | The Profitable Artist Lecture Series: Financial Basics for Artists
The New York Foundation for the Arts (NYFA) is pleased to invite artists of all disciplines to a free workshop based on NYFA’s newly-revised second edition of its popular textbook, The Profitable Artist (Allworth Press, 2018). In our “Financial Basics for Artists" presentation, you will have the opportunity to meet two of the main contributors to The Profitable Artist, Rosalba Mazzola, CPA, and Julian Schubach, ODI Financial, as they discuss important topics from the book related to budgeting, accounting, and personal finance. RSVP now to save your seat at this informative event!
This interactive session will feature presentations, a Q&A session, and the chance to mingle and learn more about NYFA over light refreshments.
Copies of The Profitable Artist will be available for purchase at the event; get a signed copy and save on the shipping fee!
Title: The Profitable Artist Lecture Series: Financial Basics for Artists
Date and Time: Wednesday, September 26, 6:30 PM-8:00 PM
Location: The New York Foundation for the Arts (NYFA), 20 Jay Street, Suite 740, Brooklyn, NY 11201
RSVP: RSVP here via Eventbrite
Dance/NYC Digital Symposium
EMERGENCY RESPONSE + PREPAREDNESS FOR THE DANCE ORGANIZATIONS + INDEPENDENT ARTISTS
https://www.facebook.com/DanceNYCorg/videos/497901251092539
Support for this difficult time, from experts in marketing (hi), the law, arts and culture, social justice and more- courtesy of Dance/NYC
Special thanks to co-panelists from Pentacle, Fractured Atlas, Tannenbaum Helpern Syracuse & Hirschtritt LLP, ODI Financial and Jean-Louis Law, P.C. - Business & Entertainment Law
#marketing #marketingforartists #dancesymp #dancenyc #artsandculture #coronavirus #covidID
Deductions for the Entertainment Professional
Opening a Blocked Trust Account or Coogan Account For Your Child
When your child enters the world of acting or modeling, it can be hard to not see dollar signs in your eyes. Landing one big commercial or advertising campaign can make a substantial deposit into your child’s college fund. And while it can also look like money for a house remodel or a business investment, there are strict rules for the use of money earned by kids in the entertainment industry.
The Profitable Artist: A Handbook for All Artists in the Performing, Literary, and Visual Arts (Second Edition)
Please Click HERE to Order on Amazon!
I am excited to announce a book I have co-written is now available on Amazon!
The Profitable Artist is "The Indispensable Roadmap Artists Need to Navigate Their Careers" - Amazon
While all art is unique, the challenges artists face are shared regardless of background, experience, and artistic
medium. With decades of experience training and helping artists worldwide, the expert staff of the New York Foundation for the Arts―in conjunction with outside professionals―have compiled a “best practices” approach to planning and organizing an art career. In The Profitable Artist, Second Edition, NYFA has identified common problems, examined specialized areas of strategic planning, finance, marketing, law, and fundraising, and distilled these topics in such a way that readers can digest them and apply them to their own experience and practice.
This newly revised edition has made considerable updates to reflect changes in the legal and financial landscapes, the vast shift in the tools and culture of both social media and fundraising, and proven planning methodologies from the startup community. All of this continues to be presented in an accessible manner, which encourages artists to apply the information and techniques in a way that is true to their personal and artistic integrity. This invaluable guide appeals to artists in all disciplines of the literary, media, performing, and visual arts―from recent art school graduates to established artists undertaking new arts businesses to artists seeking more from their careers at any stage.
Who Is ODI Financial And What Do We Stand For?
A Curveball for the Sports Industry
Managing Emotions During Market Volatility
According to Behavioral Finance, the majority of trading mistakes are made due to emotions. Such emotions can lead to panic buying, confirmation bias, memory bias, framing, crowding, overconfidence, FOMO, and fire sale. It becomes important to combine human decision-making and automated tools to invest in profitable stocks.