Theatre and Entertainment
Withum’s Theatre and Entertainment Services Team provides accounting, attest, tax, and advisory services to a wide variety of clients in the industry. Our team’s leadership group alone boasts more than 100 combined years of experience servicing clients in the Theatre and Entertainment space. Our specialized knowledge helps us maintain an elite client base of theatrical, film, music, and other entertainment clients.
Our team’s vast experience in the entertainment industry enables our clients around the globe to benefit from our expertise and the continuity of our engagement teams has allowed us to develop a strong rapport with those we serve over time, which is crucial to any business relationship. We have mastered the unique accounting rules and regulations affecting the entertainment industry at the federal, state, and international levels.
Who We Help
- Theatrical production companies including the production, operating, and postproduction stages
- Not-for-profit entities in the industry
- Live performing venues
- Touring & recording artists
- Production companies in the movie and television industries
- Businesses and individuals who support the industry
Theatre Tax Credit Map
Many states recognize the value of theatre and offer tax credits or incentives to encourage theatre production and investment. These tax credits vary by state and have different eligibility criteria, benefits, and application processes. To learn if your state qualifies view our Theatre Tax Credit Map by State .
Theatre and Entertainment Services
- Strategic business planning – including offering document review and consultation
- Tax planning – including Federal, state and local, and International
- Tax credit incentive analysis and certification
- International expansion
- Budgeting and projections
- Business succession planning
- Estate planning
- Due diligence and related merger & acquisition services
- Business valuation
- Audit and attestation services
- Compliance with federally funded programs
- Agreed upon procedures
- Outsourced Accounting Systems and Services (OASyS)
- Internal controls review
- Cybersecurity assessments
- Employee compensation and pension plans
- Dispute resolution and litigation support
- Digital solutions & software implementation
Film Tax Credit Services Consultation
Withum’s team can help film companies needing assistance with their film tax credits and are pre-qualified to perform the agreed upon procedures required by state.
Testimonials
Baseline Theatrical has a longstanding relationship with Withum and has built a rapport of understanding and respect over the years. The individuals on the theatre and entertainment team have consistently met our needs and exceeded all expectations. Withum has steadfastly supported our productions and personnel, most especially through the unprecedented COVID-19 shutdown during which their counsel was integral to our office’s ability to continue supporting and ultimately resume operations of our productions.
Andy Jones, Baseline Theatrical | General manager
Contact Us
For more information or to discuss your business needs, please connect with a member of our team.
Leadership
Insights
Lara Waldner Named Woman to Watch on Broadway by Broadway Women’s Fund
Withum is excited to share that Lara Waldner, CPA, Team Leader of the Theatre and Entertainment Services Team, has been named on the Broadway Women’s Fund list of Women to […]
UK Theatre Tax Relief: A Permanent Boost for the Stage
Late last week, the Chancellor in the United Kingdom (UK) announced exciting news which the theatre industry welcomed with open arms; a permanent extension for the increased theatre tax relief […]
NYC Musical and Theatrical Tax Credit Program Expands
Over the last two years, the New York City Musical and Theatrical Tax Credit Program has been a leading force in helping the live theatrical industry recover from the devastating […]