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Record Labels and Taxes: A Comprehensive Guide

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What taxes do record labels pay? When your label or publisher writes you a check, this is taxable income that must be reported. Typically, royalties received from the work you do are considered self-employment income. These are taxed at ordinary income tax brackets and are subject to self-employment taxes. Read more on blog.sonicbids.com Because they … Read more

Is Managing Director Higher Than VP?

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Is Managing Director higher than VP? On Wall Street, managing directors are department or division heads. Senior vice presidents and vice presidents are on lower rungs of the corporate ladder. Anywhere else, except in Hollywood, the title director is a middle-management title, roughly equivalent to a vice president but lower than a senior vice president. … Read more