Broadway.News: New Legislation Aims to Bring Back Tax Deductions for Actors

Actors’ Equity has helped spearhead the introduction of a bill that aims to bring back tax deductions for performing artists.

Individual tax deductions including union dues, agent commissions and classes were eliminated after President Donald Trump signed the Tax Cuts and Jobs Act into law in December 2017. The bill, set to be introduced in the House of Representatives Wednesday by Rep. Judy Chu (D-CA) and Rep. Vern Buchanan (R-FL), seeks to expand the income limit under an existing tax provision unchanged since the Reagan era. READ MORE