Theatrical Distribution
Entertainment Tax Preparation & Filing
Entertainment & Theatrical Distribution Tax Preparation CPA for
Phoenix, AZ Businesses
Although Phoenix may not be synonymous with show business, entertainment still has a significant presence in the Valley. Film production in Phoenix brought $17 million into the city in 2021. Nearly 500 projects
shot for 933 days and employed just under 3,000 local crew members and about 2,300 on-screen talents. Most of that money was generated by commercials, but feature and indie films, photographers and television also generated jobs and brought money into the local economy.
Many of those ventures employ dozens of entertainment industry contractors and businesses in the Phoenix area, including theatrical distribution and technical businesses. H&H Accounting Services has valuable experience working with entertainment companies on business tax preparation and accounting services.
We stay on top of all new developments in state tax law that impact entertainment businesses operating in Phoenix. For example, in 2022 the Arizona state senate approved a $150 million tax credit for movie and TV makers. This tax credit, along with others, may save your business money when tax season comes around.
Our tax preparation experts know how to make the most of available tax credits and deductions to minimize your tax liabilities and ensure you keep as much of your profits as possible.
More Than Just Business Tax Preparation for Entertainment Businesses in Phoenix
H&H Accounting Services offers a comprehensive array of accounting services for businesses in Phoenix, including bookkeeping, payroll, QuickBooks support, budget development, managing cash flow, risk tolerance assessments and financing assistance.
Whether you need help getting approved for a loan or putting together compilations or a budget, we can help. We understand the unique concerns and challenges entertainment businesses in Phoenix face, and we can tailor our many accounting and business support services to assist.
Business Consulting Services in Phoenix
In addition to CPAs who provide business tax preparation and accountants who help with bookkeeping, our team of financial and business experts also provide a number of consulting services. Running a business of any kind can be tough, especially if your passion isn’t for balance sheets and cash flow statements.
H&H Accounting Services is here to provide technical support for clients so they can concentrate on doing what they love. You can outsource all kinds of tedious tasks to our accountants and consultants, including things like employee benefit plan selection, forecasting and strategic business planning.
Why Should You Outsource Business Tasks?
You can hire in-house accountants and financial pros to perform a lot of these jobs, but there are some significant and costly problems with taking that approach.
Hiring your own full-time accountant is expensive. They’re also only a single person and can only do so much. Even if they have a lot of experience with bookkeeping, they may not be a tax preparation wizard, or understand how to choose the right healthcare and retirement plans for your workers. You could end up paying them a high salary and still need to outsource some of the business consulting jobs your in-house accountant simply doesn’t have the skills to handle.
Working with H&H Accounting Services means you don’t need to hire in house. You can get access to a team of business experts who can handle all those tasks and more without the drawbacks of hiring internally.
Learn Why Working with H&H Accounting Services Makes Sense for Phoenix Entertainment Businesses
Call us today at
(480) 561-5805 for a
free one-hour consultation. Tell us about your challenges and we’ll be happy to explain why we have the skills and expertise to address them. All we ask for is the opportunity to explain how our Phoenix CPA and financial team can help you.