Tours & Taxes
We are second to none when it comes to interpreting and managing the complex and ever-changing requirements of City, County, State, Provincial, Federal and International tax codes.
- Many states require that taxes be assessed on any wages paid for work done by a performer or crew member in that state and our sophisticated payroll system will calculate and remit the appropriate taxes for each state in one pay period.
- Our multi-state withholdings on one check helps simplify the management of personal finances for everyone on the tour.
Personal Service, Touring and Royalty entities for musical artists, celebrities and other high net-worth individuals choose The TEAM Companies for reconciling and closing out business at year’s end because:
- We are experts in the complex and unique nuances of entertainment industry financials
- As a SOC-1 Compliant organization, The TEAM Companies holds privacy and security in the highest regard.
- We issue a single check that allocates the revenue and taxes from multiple jurisdictions.