So you’ve booked a gig off LA Casting. It’s an infomercial for a hair product that pays $500/day, $1000 buyout…In perpetuity. But what does that mean? WHAT DOES ‘IN PERPETUITY’ MEAN? “In perpetuity” means…forever. And ever. They can use your image in this infomercial FOREVER! Oh, I can hear what you’re saying “Um…so! I just want to work, and that’s $1500 bucks!." The immediate money can … [Read more...] about What Does "In Perpetuity" Mean For Actors?
DISCLAIMER: I am not a tax professional, just a helpful guide. Tax laws change from year to year. Nothing on this page is to be cited as a legal source. This is for helpful/informational purposes only and should not replace direct advice from a tax professional. If you're earning 1099 or cash income, particularly as an actor, there are some things you need to be aware of. I'll tackle the most … [Read more...] about 4 Reminders For Anyone Earning 1099 Income As An Actor
DISCLAIMER: Nothing on this page is to be cited as a legal source. This is for helpful/informational purposes only and should not replace direct advice from a tax professional. Tax laws may change and personal situations vary. Consult your accountant with any questions. WHO SHOULD FILE FOR LA BUSINESS TAX EXEMPTION? Any performing artist earning 1099 income in Los Angeles should file for the … [Read more...] about How To Register For LA Business Tax