Section 181 Is Back: What This Means For Domestic Productions

Thanks to the Coronavirus Aid, Relief, and Economic Security (CARES) Act, IRS Code Section 181 has been reinstated for an additional 5 years. For those that work in the entertainment industry, this is huge news that will have great impacts on TV and film in the US. If you're in the entertainment industry and you're not familiar with the benefits, stick around and we'll take a closer look at why this is such great news.