Tag Archives: Sec. 181

Film/TV Tax Expense Relief in Extenders Bill

Congress may show some bi-partisanship in the lame duck session between now and the holidays by passing the Tax Extenders Act of 2013 that will give businesses a number of tax breaks that expired in 2013, including but not limited … Continue reading

Posted in Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, Film, Funding Portals, Investments, Jobs, Legislative Intent, SEC, Small Business, Venture Capital | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Sundance Premieres Crowd Funded Films

The Sundance Film Festival opens today and 16 Kickstarter crowd funded films have been selected for the official program. Together, they raised $380,460, with an average raise of $23,779, high raise being $83,392, low raise $5,032. Included in the selections … Continue reading

Posted in Broker dealers, Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, Film, FINRA, Funding Portals, Investments, SEC, Tax, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , , | Leave a comment

Gift From the Cliff

Congress blessed the film industry, particularly smaller producers, with a fiscal cliff gift by extending the tax deduction on production costs incurred in the US under Sec. 181 of the Internal Revenue Code. So, now, crowdfunders can deduct that part … Continue reading

Posted in Congress, Crowd Fund Act, Crowd Fund Act of 2012, Film, Funding Portals, Investments, Jobs, SEC, Small Business, Wall Street | Tagged , , , , , , , , , , , , , , , , , | Leave a comment