As a professional juggler, Michael Rayner has a lot of work-related tax deductions each year, including $700 for the cheeseburgers he spins atop parasols, 30,000 travel miles and $220 for liability insurance, just in case one of the pins or flaming torches he flips into the air should somehow stray into the audience.
His wife, actress and voiceover artist Moira Quirk, also has a wealth of business-related deductions, the most significant of which is the 10% commission she pays her agent. And they write off 25% of the mortgage and expenses for their North Hollywood house for their respective home offices, which include a recording booth for her and rehearsal and juggling supply storage areas for him.
Now, the massive tax bills passed by the House and the Senate (429 and 479 pages, respectively) earlier this month have thrown the future of these write-offs into question, casting a cloud of fear and uncertainty over the financial fates of Rayner and other workaday entertainment pros. The...
His wife, actress and voiceover artist Moira Quirk, also has a wealth of business-related deductions, the most significant of which is the 10% commission she pays her agent. And they write off 25% of the mortgage and expenses for their North Hollywood house for their respective home offices, which include a recording booth for her and rehearsal and juggling supply storage areas for him.
Now, the massive tax bills passed by the House and the Senate (429 and 479 pages, respectively) earlier this month have thrown the future of these write-offs into question, casting a cloud of fear and uncertainty over the financial fates of Rayner and other workaday entertainment pros. The...
- 12/12/2017
- by Todd Longwell
- Variety - Film News
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