Posted by Kris Hanson at mheropdc.messagehero.com on September 05, 2000 at 13:47:32:
In Reply to: The Taxman Yeahhhh The Taxman,,,,, posted by PorKDog on September 05, 2000 at 10:33:54:
I'm not Michael, but I'm pretty sure as a producer on a low-budget flick, you could go through the potential pain and suffering--or joy and enlightenment--of writing off your money put into the flick as a business expense. I would never do it because tax forms scare me . . . and I scare my accountant. Never gets much done. ; )
--Kris
: Hey Michael, thanks for the film makers candidicy on the last question, I have another simple one, Question is in the US does a investor in a small film ie: break out film like Clerks get to write off their investment? Any Limits? Any side effects? thx