Actors' Equity Association is applauding the reintroduction of the bipartisan Performing Artist Tax Parity Act (PATPA), introduced by Sen. Mark Warner (D-VA) and Sen. Thom Tillis (R-NC). This bill corrects an unintended consequence of the 2017 Tax Cut and Jobs Act which led to tax increases for many performing artists who could no longer deduct the cost of their ordinary and necessary unreimbursed business expenses.
Working Theatre artists may typically spend 20 to 30 percent of their income on necessary expenses – such as to pay for travel to auditions or a talent agent – to stay in the business and to procure employment.
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