Film & Television Production Program

Overview

Using Section 181 Deduction & Depreciation Benefits to Significantly Reduce Income Taxes and Subsequently Participate in the profits from the completed film or television program

Solution Detail

• This program is available throughout the year until fully subscribed
• Submission of client financial overview via Tax Analysis Tool on Alliance Platform
• Introductory Meeting – 30 min via Zoom
• Due Diligence Materials sent by TaxWealth
• Strategy Presentation Meeting – 1 hour via Zoom
• Strategy Engagement via DocuSign – $5,000.00 Engagement Fee paid at the time of engagement
• Minimum initial contribution of $400K
• 25% down payment – Min. $100K (4×1 leverage) 5×1 deduction
• Contribution to film or television project is made through our Strategy Partner
• Use IRC Section 181 to capture deduction & depreciation benefits on the contribution to film or television programs and offset ordinary income
• Participation in any profits made by the film or television program based on the percentage of ownership
• The initial contribution is made in year 1 with an ongoing potential revenue should the film or TV program be profitable
• The remaining TaxWealth Planning Fee is paid once the contribution to the film or TV project is made

Target Use Case(s)

• Accredited Investor – $200K Income for 2 years or longer OR $1M Net Worth Independent of Personal Residence.
• Minimum Contribution – $100K contribution to film or television project
• 100-hour Material Participation Rule applies for the year of contribution

Referral Compensation

• TaxWealth’s $5,000 Analysis Fee is not subject to referral compensation splits.
• Based on TaxWealth’s Flat Fee Compensation Schedule for Tax Strategy Engagements
• Referral Compensation from the Strategy Partner is 10% and will be added to the engagement split due to the Referring Advisor
• Alliance Partner:  50/50 Split of the Planning Fee & Referral Compensation
• NOTE: If TaxWealth Receives a simple introduction and completes all the work of analysis, education, document collection, and strategy implementation, the Referral Compensation Split will be 20% to the Alliance Partner
• Any Advisor or Client Referral from the TaxWealth Alliance agrees to these terms unless otherwise stated