ENTERTAINMENT BUSINESS ACCOUNTING

Marks & Associates specializes in accounting, tax and financial planning services tailored to actors, musicians, models, comedians and those in the entertainment business. 

Having worked with successful entertainers and their unique contracts, advances, royalties, tour expenses, promoter costs, front-end/back-end/cancelation clauses, collection issues and other accounting and tax issues, Marks & Associates knows how to help entertainment professionals manage their business, minimize their taxes, track how and where their money is being spent and have a plan for wisely investing for retirement and future endeavors.

WHAT'S INCLUDED

  • Consultation on setting up the right business entity for your profession
  • Auditing and managing royalty, endorsement, and merchandising agreements
  • Bookkeeping, bill paying and tracking all entertainment expenses
  • Preparation of all federal, state and local income tax returns
  • Financial planning and tax minimization strategies​
  • Consulting regarding business opportunities profitability, cash flow, tax issues
  • Real estate purchase, financing and management
  • Luxury auto, aircraft and yacht advisory services
  • Retirement planning & wealth building strategies
  • Handling IRS audits, inquiries or issues regarding past years taxes