--- title: Entertainment Industry professionals description: We provide bookkeeping and tax services to actors and actresses in the entertainment industry. --- [![KJG Logo without tag line (1000 × 500 px) (2000 × 500 px) (2000 × 1000 px)](https://www.kg-cpa.com/hs-fs/hubfs/KJG%20Logo%20without%20tag%20line%20(1000%20%C3%97%20500%20px)%20(2000%20%C3%97%20500%20px)%20(2000%20%C3%97%201000%20px).png?width=2000&height=500&name=KJG%20Logo%20without%20tag%20line%20(1000%20%C3%97%20500%20px)%20(2000%20%C3%97%20500%20px)%20(2000%20%C3%97%201000%20px).png "KJG Logo without tag line (1000 × 500 px) (2000 × 500 px) (2000 × 1000 px)")](https://www.kg-cpa.com/) - [Home](https://www.kg-cpa.com) - [Assurance & Tax Services](https://www.kg-cpa.com/assurance-tax-services) - [Industry specializations](https://www.kg-cpa.com/industry-specializations) Show submenu for Industry specializations - [Homeowner Associations](https://www.kg-cpa.com/hoa) - [Small Businesses](https://www.kg-cpa.com/small-business-sole-proprietor) - [Entertainment Industry](https://www.kg-cpa.com/entertainment-industry-professionals) - [Bookkeeping/Pricing](https://www.kg-cpa.com/pricing-1) - [Contact](https://www.kg-cpa.com/contact) - [Home](https://www.kg-cpa.com) - [Assurance & Tax Services](https://www.kg-cpa.com/assurance-tax-services) - [Industry specializations](https://www.kg-cpa.com/industry-specializations) Show submenu for Industry specializations - [Homeowner Associations](https://www.kg-cpa.com/hoa) - [Small Businesses](https://www.kg-cpa.com/small-business-sole-proprietor) - [Entertainment Industry](https://www.kg-cpa.com/entertainment-industry-professionals) - [Bookkeeping/Pricing](https://www.kg-cpa.com/pricing-1) - [Contact](https://www.kg-cpa.com/contact) Search - There are no suggestions because the search field is empty. ![denise-jans-tV80374iytg-unsplash](https://www.kg-cpa.com/hs-fs/hubfs/denise-jans-tV80374iytg-unsplash.jpg?width=3370&height=2247&name=denise-jans-tV80374iytg-unsplash.jpg) [Follow us on Facebook](https://www.facebook.com) [Follow us on LinkedIn](https://www.linkedin.com) [Follow us on Twitter](https://www.twitter.com) [Follow us on Instagram](https://www.instagram.com) # Entertainment Industry Professionals   Typically, accounting for individuals in the entertainment industry is not fundamentally different from other industries.  However, there are a few tax issues specific to the industry that may arise.    As an ***actor***, are you aware of the deductions you can take?   Do you know how to track your expenses for potential tax deductions?  Actors may be able to deduct specific expenses such as: - Manager and agent fees - Actor portfolio - Professional development fees - Business cards - Parking/mileage  However, these may or may not be deductible depending on whether you were paid as an independent contractor or employee.      Should you setup a "Loan Out Corporation?"  These are entities generally created by entertainment professionals.  One advantage of a Loan Out Corporation is the ability to deduct all business-related expenses; whereas a "W-2 only" entertainment professional can no longer deduct unreimbursed business expenses.      There are additional advantages to a Loan Out Corporation, but also disadvantages as well.  Loan Out Corporations have additional costs that may offset the tax benefit received.      Each individual actor's circumstance is different.  We encourage you to contact us for assistance in determining what the best option is for you.  Whether you are an industry legend or an up and coming performer, we can support your needs.  Let us help you maximize your income and support your current and future money management.    Our goal is to let you concentrate on developing your talents while we handle your traditional accounting, bookkeeping, and tax functions. ## **ENTERTAINMENT INDUSTRY PROFESSIONALS** Timely assistance when you need it. [Contact us today](https://share.hsforms.com/1xG0WxPqCTLSQ84s-jbg82Adcdqu) [![KJG Logo without tag line (1000 × 500 px) (2000 × 500 px) (2000 × 1000 px) (1)](https://www.kg-cpa.com/hs-fs/hubfs/KJG%20Logo%20without%20tag%20line%20(1000%20%C3%97%20500%20px)%20(2000%20%C3%97%20500%20px)%20(2000%20%C3%97%201000%20px)%20(1).png?width=2000&height=500&name=KJG%20Logo%20without%20tag%20line%20(1000%20%C3%97%20500%20px)%20(2000%20%C3%97%20500%20px)%20(2000%20%C3%97%201000%20px)%20(1).png "KJG Logo without tag line (1000 × 500 px) (2000 × 500 px) (2000 × 1000 px) (1)")](https://www.kg-cpa.com/) kendra.gangal@kg-cpa.com Licensed CPA in NC and CA 7845 Colony Rd Ste C4-3300 Charlotte, NC  28226 704.996.0764 --- [Follow us on LinkedIn](https://www.linkedin.com/company/kendra-gangal-cpa-pllc/?viewAsMember=true) © 2026 All rights reserved.