Assurance & Accounting
Berdon’s Entertainment and Personal Business Management Group (EPBM) works with entertainment professionals whose business takes them across the borders of many states and nations. We provide bottom line, industry savvy advice in areas that include:
Tour Budgeting: We help make sure the budget is reasonable. Frequently omitted items include payroll taxes, insurance (liability, travel, cancellation) and professional fees, as well as funds for contingencies.
Road Reports: These essential tools for determining how the tour is performing should include a running record of income received and expenditures paid by the tour accountant that were not accounted for by the home office.
Minimizing The Tax Bite: Our services to reduce the impact of taxation include helping you lower the state withholding rate and avoid the multiple residency tax trap.
Compensation: With sharp IRS focus on the definition of independent contactors, tours must decide whether individuals should be on the payroll or freelancers.