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. If you earn or plan to earn any 1099 income in this […]
Money
What Does "In Perpetuity" Mean For Actors?
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 […]
4 Reminders For Anyone Earning 1099 Income As An Actor
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 […]