An opportunity has been observed in the Canadian Film Industry. Film professionals seem to be paying more than necessary in their income taxes. This is mainly due to the number of hours of overtime they work. A typical day can range from 14 to 20 hours. Film professionals usually don't have the time to think about the legal accounting options that exist that will help them keep more of their hard earned money.
Film Prosperity Management is a corporation designed to help film professionals become aware of their options. FPM's core strategy consists of enabling film professionals to transition from an employee into a corporate existence. With our solution, their job does not change whatsoever. They perform the same duties; the only difference is the approach they take when being hired. When they get hired for a job they simply complete a Corporate Deal Memo instead of an Employee Deal Memo.
The prime advantage to the Film professional is keeping more of the money they earn legally. This is done by more accurately reflecting their yearly income personally and leveraging their corporation to increase their options in how to manage income and expenses.
Are you a Film professional that feels like the more you make the more unfair your tax situation becomes? Please contact us for further information to educate yourself in how to more readily prosper by providing the same professional services you already provide.
If you feel lucky to work in the film industry but you aren't yet incorporated, you are missing out on a great opportunity.
We guide our clients in quickly and properly setting up a corporation.
Helping them track their expenses and saving their receipts in a very easy hand-held manner or even hands-off manner with the help of a Bookkeeper.
Helping them do their Personal and Corporate Taxes in a Legal, Safe and Secure manner to remain legally compliant.
We guide our clients to save and manage their income intelligently so that they will always have money at hand to pay taxes, earn high interest and easily prosper. This may include helping managing the HST they get paid through their corporate structure.