Accounting Insight

APRIL 28, 2025

Sectors such as entertainment, charities, digital services, and property transactions come with complex VAT implications. Too often we come across missed opportunities for VAT recovery in the early stages of business. Beyond basic compliance, accountants should proactively identify VAT risks specific to their clients industries.

Entertainment

Basis 365

NOVEMBER 26, 2024

Monitor and Cap Discretionary Spending: Set limits on discretionary spending categories such as travel, entertainment, or office supplies, and monitor them to prevent overspending. Negotiate Service Contracts: Regularly review contracts with service providers to negotiate better terms or cancel services that are no longer needed.

Non-Profits

Withum

APRIL 25, 2025

The traditional entertainment industry of studio-based film, television, and music greatly shaped our society and economy over the last century. However, in just the past decade, social media has disrupted that studio-based tradition and shaped a new sector of the entertainment industryinfluencing.

Entertainment

CPA Practice

JULY 21, 2025

The meals and entertainment deduction optimization integration addresses a common challenge for tax and finance teams: identifying and classifying deductible M&E expenses across large datasets, Ryan says.

Entertainment

Withum

FEBRUARY 17, 2025

Author: Michael Markgjonaj , CPA | mmarkgjonaj@withum.com Contact Us For more information on this topic, please contact a member of Withum’s Theatre and Entertainment Services Team. We look forward to expediting these refunds to production companies at a time when they need them the most.

Tax

Accounting Today

JULY 18, 2025

This new solution enables organizations to optimize their meals and entertainment tax deduction calculation by leveraging IRS-approved statistical sampling, directly through their SAP Concur platform. Tax services solutions provider Ryan launched an integration with Concur Expense.

Technology

Withum

MAY 22, 2025

Holmes to its list of Business of Entertainment Visionaries for the second consecutive year in 2025. His clients in the entertainment industry include global artists, business management firms, and both established and growing companies nationwide. Holmes Recognized as Business of Entertainment Visionary by L.A.

Entertainment

Going Concern

JANUARY 23, 2025

While everyone else is selling out — excluding Big 4 firms, almost the entire top 20 has taken some kind of PE investment or is entertaining it — there will be some firms that proudly maintain control of their firms and advertise this as a big selling point to clients.

accounting firms

Accounting Today

JULY 16, 2025

In 2023, it acquired New York-based Janover ; Bemel, Ross & Avedon LLP , a Los Angeles-based business management firm; and two entertainment-oriented firms , Royalty Compliance Organization, a music rights and royalty auditing firm in St. Louis, and Blue Sky Group, a music business management team in Nashville.

Technology

CPA Practice

JUNE 11, 2025

which specializes in profit participation and entertainment accounting. The Los Angeles-based top 100 accounting firm said on June 10 it has added fellow LA firm Hacker, Douglas & Co.,

California

Going Concern

JUNE 17, 2025

Beyond work, I am a passionate amateur chef, historian, gardener, car enthusiast and collector with a deep commitment to continuous learning and expansion of knowledge. ” With the chief accountant appointment sorted, Acting Chief Accountant Ryan Wolfe will go back to his role as Chief Accountant in the Division of Enforcement.

accounted

Going Concern

OCTOBER 17, 2024

, Gusto Remote Work Experience: Y Salary: $150k, FTE, $55-$70/ PTE Time Zone: Central Sign up to learn more about this candidate FTE Tax and Accounting | Candidate ID #22655166 Certifications: CPA, QBO ProAdvisor Education: BA, MBA Accounting Experience (years): 5 years in public accounting Preparation and review experience Financial reporting and (..)

Real Estate

Withum

JANUARY 20, 2025

Dont forget travel, meals, lodging and general entertainment costs if the organization expects to send their staff! Some organizations are moving to virtual events, as it decreases the cost tremendously, and still allows them to make a profit.

accounting and finance

CPA Practice

JUNE 12, 2025

In contrast, farming (6%), franchising (3%), and arts and entertainment (2%) are seen as the most vulnerable sectors, according to accountants. And the oil, energy, and mining sectors show 39% of respondents optimistic due to recent spikes in supply and demand for these resources.

Technology

Menzies

JULY 3, 2025

This change, based on IFRS 16, will significantly impact businesses with large property or equipment leases—common in hotels, bars & restaurants, gyms, and entertainment venues. Lease Accounting Lessees will now be required to bring most leases onto the balance sheet, recognising a right-of-use asset and a lease liability.

Hospitality

Going Concern

JUNE 19, 2025

ACCOUNTING CANDIDATES FTE Accounting Senior / Manager | Candidate ID #24311574 Certifications: QB ProAdvisor, CPA in process Education: BS Accounting, MS Experience (years): 15+ years accounting experience Work experience (detail): 10 in public accounting Month / year end close and financial reporting for SMB clients Supervised and trained accounting (..)

Real Estate

Going Concern

JANUARY 17, 2025

Insurance, Beverage, Professional Services, Medical Practices Tech Stack: TaxSlayer, UltraTax Remote Work Experience: Y Salary: $75-$85k Timezone: Eastern Sign up for FREE to learn more about this candidate FTE Tax Senior / Manager | Candidate ID #5306426 Certifications: IRS CCA, CPA CA Education: BA Accounting, MS Accountancy Experience (years): (..)

Real Estate

Going Concern

NOVEMBER 1, 2024

Kashyap Bakhai, a BDO partner with 35 years of experience advising wealthy individuals including sports stars and entertainers, was fired almost two years ago when the accounting firm was dealing with accusations that the employee dipped into client accounts for personal use, according to people familiar with the dispute and legal filings.

audit

Accounting Today

MAY 12, 2025

President Donald Trump's Hollywood ambassadors asked the White House to expand and extend tax incentives as part of an upcoming budget reconciliation bill.

Tax

Withum

JUNE 30, 2025

Introducing Our 15 New Partners Conor Barnes is the Team Co-Leader for the Music Industry Services Team and the Theatre and Entertainment Services Team with a focus on tax services.

Real Estate

Accounting Today

JULY 31, 2025

He used the money on personal expenses including meals, entertainment and gambling. He also embezzled from the city by submitting some $234,432.60 in personal expenses that the city unknowingly paid. He did not report the embezzled money on his personal returns and avoided some $119,972.60

Tax

Accounting Web

AUGUST 4, 2025

Business tax Tags Expenses HMRC VAT

Entertainment

Going Concern

APRIL 24, 2025

TAX & ACCOUNTING CANDIDATES FTE Tax and Accounting Senior | Candidate ID #24143645 Certifications: EA Education: BA Accounting Experience (years): 9+ years accounting and tax experience Work experience (detail): All in public accounting Currently a tax senior 200+ SMB and HNWI returns per season Review of 40%, prepares more complex returns Tax (..)

Real Estate

Withum

AUGUST 5, 2025

Author : Ryan Flash | rflash@withum.com Contact Us For more information on this topic, reach out to Withum’s Theatre and Entertainment Services Team today. Let’s Chat The post Massachusetts Unveils $7M Annual Tax Credit for Live Theater Productions appeared first on Withum.

Massachusetts

Menzies

DECEMBER 19, 2024

Key digital advancements, include: Mobile check-ins for guests AI-powered chatbots for instant customer support Smart apps for controlling room settings, such as temperature and lighting Tailored services based on previous bookings and preferences of returning guests Custom hotel apps providing AI-driven local recommendations for guests VR headsets (..)

Hospitality

Going Concern

NOVEMBER 25, 2024

Thanks Kuya Mike for alerting us to this situation first thing in the morning in such an entertaining way. Morning, all. And an early Happy Thanksgiving to our fellow Americans!

accounted

VJM Global

DECEMBER 17, 2024

The writ petition cannot be entertained when the SCN specifically reflects the allegations which the tax authorities feel to reflect fraud. Ruling The Honble High Court held that: The writ petition cannot be entertained when the SCN specifically reflects the allegations which the tax authorities feel to reflect fraud.

Entertainment

Going Concern

JULY 4, 2025

Intellectual because they encourage overconsumption of content without any real critical analysis; emotional because they create an ever-deepening dependence on stimulation and entertainment; and moral because we have fallen into passive acceptance of algorithmic decisions.

Ohio

MyIRSRelief

JULY 25, 2025

Points of interest in Cincinnati include: The revitalized riverfront entertainment district Cultural centers like the Cincinnati Zoo , Museum Center , Fountain Square , and Over-the-Rhine historic district. With rising small‑business formation, stability in elite sports (e.g.

Ohio

Withum

JANUARY 20, 2025

2025 Withum Culture Video Since Withum’s Power in the Plus brand launch over the summer of 2024, the firm continues to lean into what makes it unique, which includes Withums distinct Theatre and Entertainment Services group, whose clients include Wicked, Hamilton, and many others.

New Jersey

CPA Practice

JULY 24, 2025

MGM Resorts International and Caesars Entertainment, who collectively operate 17 casinos on The Strip, did not respond to questions about the reporting changes or whether they had received any notification from the IRS. The IRS has not yet commented on the changes, and the federal agency did not respond to an email seeking confirmation.

Technology

SkagitCountyTaxServices

JULY 10, 2025

Here are a few ideas… Educate and entertain: Share free resources, helpful tips, or even just something funny. If you want them to keep buying, build a relationship so you move from “just a vendor” to essential partner. How do you do that without sounding salesy? Stay visible in a non-promotional way.

Real Estate

CPA Practice

NOVEMBER 4, 2024

Antium : An automated solution that optimizes meals and entertainment expense deductions, including supporting audit documentation. These strategic partner solutions complement Bloomberg Tax’s existing suite of products, including the newly released Bloomberg Tax Workpapers.

Tax

Going Concern

MARCH 6, 2025

TAX AND ACCOUNTING CANDIDATES FTE Tax and Accounting Senior / Manager | Candidate ID #23923930 Certifications: CPA Education: BS Accounting, MBA Experience (years): 14+ years accounting and tax experience Work experience (detail): 10+ in public accounting Full cycle accounting, led bookkeeping team of 5 Financial reporting and year end work papers (..)

Tax

Withum

JUNE 11, 2025

Stoute is age 54 and is one of the most sought-after and influential people in the entertainment, advertising, technology and political worlds. The second article is the Corner Office column profiling Steve Stoute, Chief Executive and Founder of UnitedMasters. Quite a portfolio of impact.

Entertainment

Withum

JULY 9, 2025

Authors : Alex Holderbaum , Team Leader, Theatre and Entertainment | aholderbaum@withum.com and Ryan Flash | rflash@withum.com Contact Us For more information on this topic, reach out to Withum’s Theatre and Entertainment Services Team today.

New Jersey

Withum

JULY 23, 2025

But my reading for enjoyment or personal entertainment has not changed. A big change in my reading habits is a reduced reliance on reference and how-to books. I explained about this in prior blogs. So, things do change, and these changes, as far as I am concerned, are for the better.

Sports