Services for production companies in film tax credit programs include:
EisnerAmper's film tax credit services help production companies navigate program requirements, with consulting services for producers, production accountants and post-production accountants
EisnerAmper provides film production incentive services to production companies including major film studios and independent filmmakers.
Our professional team has worked alongside various states’ representatives (including Departments of Revenue, Economic Development Authorities and Film Commissions) to develop and customize the third party independent CPA procedures for their respective film production incentive programs. As a result, we have specialized knowledge of accounting principles and practices generally recognized in the film and television industry including audits and agreed upon procedures.EisnerAmper’s approach centers on delivering added value to the engagement and client relationship. We go beyond simply providing the required independent CPA report, leveraging our extensive experience in the film production industry to best serve our clients. This is what distinguishes EisnerAmper in the marketplace:
To help production companies navigate the incentive program requirements, we often consult with budget executives, producers, production accountants and post-production accountants, as well as the production company’s legal counsel, investors and lenders. We also provide loan-out company consulting to assist with registration and withholding requirements. In addition, we offer income tax return compliance services and consulting on federal tax incentive (Internal Revenue Code Section 181), sales and use tax and payroll tax/fringe.We are able to provide film incentive services in the following states:*
*Please call us regarding any states not listed as film production incentive programs change frequently and our services to clients adjust accordingly.About Film Production Incentive Programs Production companies consider several factors when choosing a location -- availability of facilities and crew, location features, accessibility to services, etc. To compete with international incentives and make domestic production more attractive, various states have developed film production incentive programs.Film production incentive programs offer production companies an incentive, such as a tax credit or rebate, based on their qualified production costs incurred in a particular state. In exchange for the film production incentive, the state boosts its economy through the creation of jobs and consumption of goods/services associated with the film project. Additionally, the state can leverage the real life backdrops of popular movies and the novelty of a film production shoot to increase tourism revenue.
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