KROST

OCTOBER 7, 2020

Ronique Davis, one of KROST’s Sports & Entertainment Industry experts, recently attended the Entertainment Industry Virtual Conference hosted by CalCPA. Similarly, most industries have been impacted, and the sports and entertainment industry is one that continues to feel that impact. Entertainment Considerations.

Entertainment 40

Entertainment Sports Manufacturing tax 40

PYMNTS

JANUARY 4, 2019

Square , Jack Dorsey’s digital payments company, announced Thursday (January 3) that it named Blizzard Entertainment chief financial officer Amrita Ahuja as its new CFO. In a press release , Square said Ahuja will join the company in January, reporting to Dorsey.

Entertainment 70

Entertainment Finance 70

PYMNTS

JANUARY 8, 2020

That’s the thought one gets when reading news via Bloomberg , which reported “when shoppers visit the long-awaited American Dream mega-mall in New Jersey this spring, they can expect to see it crammed with stores, restaurants and entertainment activities.”. Vacancy Rates.

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Entertainment Sports Retail New Jersey 52

PYMNTS

AUGUST 13, 2020

The already-sizable online entertainment sector is growing quickly as consumers who are staying at home during the pandemic turn to eMagazines, digital movie rentals and streaming services to stay engaged. Klaris recently spoke to PYMNTS about the processes involved in providing AP services to media and entertainment companies.

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Entertainment AP Processes accounting and finance audit 57

Accounting Today

SEPTEMBER 20, 2023

It's a concept that doesn't just entertain players; it empowers them economically. Gaming Finance represents a radical departure from conventional gaming models.

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account accountant accounted Entertainment 118

PYMNTS

OCTOBER 30, 2018

In the entertainment industry, there are certainly commonalities with businesses of other sectors. For example, Mike Leiba, COO of GreenSlate , said the continued reliance on paper checks challenges both the accounts payable (AP) and payroll functions of entertainment industry employers. ”

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payroll Entertainment accounts payable account 53

PYMNTS

AUGUST 23, 2019

In an all-cash deal, Hasbro will purchase Entertainment One for 3.27 Hasbro Chief Executive Officer Brian Goldner said, according to the report, “Hasbro will leverage eOne’s immersive entertainment capabilities to bring our portfolio of brands that have appeal to gamers, fans and families to all screens globally.”

Entertainment 43

Entertainment Finance Gaming Sales 43

PYMNTS

MARCH 23, 2017

But the largest moves in recent weeks signal that the push to reach entertainment media dominance in China is gaining momentum, especially when it comes to the production of original film, television and streaming content. The Damai acquisition is just the latest in a string of entertainment industry investments. billion back in 2015.

Entertainment 40

Entertainment Gaming Technology 40

PYMNTS

MARCH 22, 2017

“Ali announces its acquisition of Damai, part of our big entertainment strategy,” the firm said on its Sina Weibo platform. Damai’s ticketing platform will reportedly form a strategic part of the value chain in Alibaba’s push to grow its media and entertainment business. billion) for new projects in media and entertainment.

Entertainment 40

Entertainment Retail 40

PYMNTS

MARCH 25, 2020

Those companies, like Blackstone , Carlyle and KKR , are in possession of more than $1 trillion in cash and could be ready to start using it as the coronavirus delivers death blows to companies in industries like travel, entertainment and energy.

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Entertainment Start-ups Sales 52

PYMNTS

JANUARY 17, 2019

Big entertainment brands are growing their subscription offerings in hopes of creating engaging relationships with their customers. According to some observers, Netflix can raise its price as long as it provides the kinds of entertainment that viewers value.

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Entertainment 53

PYMNTS

DECEMBER 6, 2016

But is this “entertaining bot” just entertaining an interest? “This bot also makes it simple to buy ingredients right in the chat, which is an especially helpful feature during this always busy time of year.”. Amazon recently launched three AI-related endeavors: Lex, Rekognition and Polly.

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Entertainment Retail Gaming Technology 78

PYMNTS

AUGUST 23, 2018

And now some developers, retailers and entertainment producers believe that immersive destinations could potentially fill millions of square feet of empty retail space. In addition, co-working sites are predicted to grow at retail properties at a rate of 25 percent through 2023, and are expected to account for around 3.4

Entertainment 43

Entertainment Retail New Mexico account 43

PYMNTS

JUNE 28, 2019

Allied Esports describes itself as “a premier esports entertainment company with a global network of dedicated esports properties and content production facilities.” And as this new Simon investment suggests, entertainment could also play a part in helping mall operators survive or perhaps even find growth.

Entertainment 40

Entertainment Sports Retail New Mexico 40

Katz,Sapper&Miller

FEBRUARY 9, 2018

The Tax Cuts and Jobs Act (TCJA) largely eliminates the deduction for entertainment expenses. While there are a few unanswered questions (specifically how this provision affects meals), its effect is immediate. As a result, businesses should incorporate this change without delay.

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Entertainment tax 40

PYMNTS

JANUARY 11, 2021

Family Video , America’s last major video rental store chain, plans to shutter all of its brick-and-mortar stores. In logistics, Amazon and Walmart are throwing everything from drones to driverless trucks into the battle for the shopper’s whole paycheck.

Entertainment 60

Entertainment Retail 60

CPA Practice

APRIL 13, 2023

By Jennifer Maas – Variety Entertainment News Service. According to fan-community platform and entertainment company Fandom’s annual Inside Gaming report, which was released Thursday, “despite teens and Gen Z spending more time gaming than they did last year, older generations of players are spending more hours per week gaming.”

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PYMNTS

APRIL 17, 2017

Enhancing the entertainment experience for consumers has been a hot topic over the past few years, and companies are starting to take notice. One company that’s helping lead the charge for providing the ultimate entertainment experience is startup tech company, Sobro Design. Its first product is Sobro , a smart coffee table.

Entertainment 40

Entertainment Retail Gaming Start-ups 40

PYMNTS

MAY 7, 2020

The spread of the coronavirus has led to a halt of Major League Baseball, the National Hockey League and the National Basketball Association, and raised questions about whether the 2020 National Football League season will take place this fall.

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Sports Entertainment Hospitality Gaming 52

KROST

JUNE 8, 2023

Our Sports & Entertainment industry professionals, Stacey Korman, Brad Pauley, Alan Lo, and Andrea Bonilla, are attending the Trusted Advisor’s second annual Trusted X LA Technology Summit on June 8th.

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Technology Sports Entertainment tax 82

RogerRossmeisl

MAY 16, 2022

Basic rules Despite eliminating deductions for business entertainment expenses in the Tax Cuts and Jobs Act (TCJA), a business taxpayer could still deduct 50% of the cost of qualified business meals, including meals incurred while traveling away from home.

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Withum

DECEMBER 1, 2020

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PYMNTS

MAY 1, 2017

The Void, another VR entertainment company has a VR park in Lindon, Utah which combines a physical set with VR film experiences. Virtualities uses big open spaces for different VR experiences including gaming and a theater, noted the report.

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Entertainment Retail Utah Real Estate 41

KROST

JULY 28, 2023

At KROST and KROST Wealth, we have many clients engaged in the entertainment industry who lean on us for our expertise. From accounting, tax, wealth management, and the like, we are in solidarity with our clients and understand the situation they are going through.

Entertainment 52

Entertainment tax account accountant 52

Insightful Accountant

APRIL 19, 2023

Eved and SAP partner to bring new Payment and Vendor Management Platform to Entertainment, Media and Production Companies.

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Entertainment 102

Bharmal&Associates

JANUARY 13, 2021

The recently enacted second stimulus bill has increased these grants, including $25 billion in rental assistance for individuals, a new round of Small Business Administration (SBA) Economic Injury Disaster Loan (EIDL) advances, and new grants for shuttered entertainment venues such as movie theaters. The post COVID-19 Grants: Taxable or Not?

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cpas Entertainment tax Government 130

TaxConnex

OCTOBER 7, 2021

The publication explained that “streaming services providers” supply entertainment (music, movies, video games, etc.) For streaming services, a consumer has purchased “access to curated entertainment content in the streaming service’s catalog but has not procured a right to any specified digital product.

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Going Concern

AUGUST 10, 2023

Also entertaining, FORVIS bitched about the short comment period again. If you want a serious read on this topic, check out FT’s article. God forbid we be serious here, instead we are going to call attention to this : It’s the “Sent from my iPhone” for me.

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audit Entertainment 78

CPA Practice

SEPTEMBER 12, 2023

Sales got “a midsummer boost” from Amazon’s Prime Day, special deal days offered by other retailers and entertainment-related events. Spending on services, which has been growing ever since pandemic restrictions ended and consumers returned to dining out, travel and entertainment, grew only 1.6%

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Retail Entertainment Michigan Sales 64

PYMNTS

OCTOBER 12, 2020

12) that it will be working to prioritize its streaming by centralizing its media and entertainment operations into one organization responsible for all content distribution, ad sales and Disney+, CNBC reported. The pandemic has crippled the entertainment giant's theater plans as people continue to social distance.

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Withum

AUGUST 8, 2023

Her clients operate in various industries, including manufacturing, distribution and logistics , professional services , real estate , theatre, entertainment and the arts , and cannabis. Kerra Diener CPA, is a tax senior manager assisting multi-national and multi-state business entities with a wide range of federal and state tax topics.

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cpa Real Estate tax Manufacturing 98

Withum

JULY 12, 2023

With total market investments reaching billions of dollars, Esports is becoming a revolutionary means of competition and entertainment. There have been few industries that have seen growth as rapid as collegiate and professional Esports. With the industry’s great success come many challenges.

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Entertainment Gaming 98

CPA Practice

JULY 6, 2023

Lodging and non-entertainment meals (50% of meals). The same applies for non-entertainment meals. You can deduct 50% of the non-entertainment meals relating to your individual expense—not the entire family’s meals. Other expenses that are deductible include the following: Fares for taxis or other types of transportation.

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tax Entertainment Transportation Maine 98

PYMNTS

MAY 22, 2020

As it gears up to reopen in Las Vegas, Caesars Entertainment Corporation said it would resume its gaming and hospitality functions at Flamingo Las Vegas and Caesars Palace at “the date and time for reopening specified by the state of Nevada.” However, some offerings, such as buffets, live entertainment and bars, will not immediately reopen.

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Hospitality Gaming South Dakota Nevada 84

inDinero Tax Tips

AUGUST 29, 2023

Nondeductible Entertainment Expenses You may wonder if you can write off entertaining clients as a business expense. Unfortunately, these are nondeductible entertainment expenses. This goes for concert tickets, sporting events, or other forms of entertainment for clients.

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tax Entertainment business tax bookkeeping services 95

PYMNTS

NOVEMBER 22, 2019

As the spending season gets into gear with Black Friday looming on the horizon, the action is getting more interesting in the Walmart-Amazon race for the consumer’s whole paycheck. The moves are getting broader (particularly on Amazon’s side) and deeper (particularly on Walmart’s side).

Entertainment 40

Entertainment Retail Start-ups Delaware 40

SMBAccountant

OCTOBER 21, 2020

Here are some common examples of unallowed expenses: Alcohol – the government will not reimburse alcohol even though it is a legitimate business expense for entertainment of potential or current clients. These costs must be recorded in separate general ledger accounts to be easily identified and excluded from any billing.

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