State Tax Incentives and Streamlining Your Accounting

Episode 120 - State Tax Incentives and Streamlining Your Accounting In this episode of the Faith and Family Filmmakers Podcast, Geoff welcomes back Margot Ransom, a seasoned production company accountant, to discuss her journey in the industry, the intricacies of tax incentives, particularly highlighting the Kentucky incentive, and the importance of proper accounting practices in film production. Ransom shares detailed insights on software tools and strategies to manage production budgets effectively, ensuring financial transparency and control, and offers practical advice for producers to minimize errors and avoid budget overruns in their projects.Highlights Include:Welcome and IntroductionMargot’s Journey into Film AccountingTransition to the Faith-Based Film MarketUnderstanding Tax Incentives in Different StatesSpotlight on Kentucky and Wrigley Media GroupEfficient Accounting Practices for ProductionsUsing Emshee and Other Software ToolsPayroll and Legal ConsiderationsCost Reduction TipsCommunicating on Budget OverrunsFinal Thoughts and Contact InformationBio:Margot Ransom is the CEO and Founder of Prod Co Accountants.With over 25 years of accounting experience in production finance, Margot understands business and accounting systems. She knows what information owners and producers need to manage the business effectively. She has spent her career bringing smooth, predictable financial operations to production companies.An effective communicator, she can cut through the sometimes complex and mysterious world of accounting and translate it to simple English. https://www.linkedin.com/in/margot-ransom-prodcoaccountants/https://prodcoaccountants.com/https://cashflowprojection.prodcoaccountants.com/opt-in-projectionhttps://tinyurl.com/SampleStreamerCOAhttps://tinyurl.com/3PitfallsTrackingShowCostshttps://www.whoisnefarious.com/https://tinyurl.com/LightsCameraKentuckyhttps://tinyurl.com/ExploratoryCallMargotScreenwriters Retreat - Mexico: https://www.faffassociation.com/writers-retreatJaclyn's Book - In the Beginning, Middle and End: A Screenwriter’s Observations of LIfe, Character, and God: https://www.amazon.com/dp/B0D9R7XS9VVIP Producers Mentorship Program https://www.faffassociation.com/vip-producers-mentorship The Faith & Family Filmmakers podcast helps filmmakers who share a Christian worldview stay in touch, informed, and inspired. Releasing new episodes every week, we interview experts from varying fields of filmmaking; from screenwriters, actors, directors, and producers, to film scorers,  talent agents, and distributors. It is produced and hosted by Geoffrey Whitt and Jaclyn Whitt , and is brought to you by the Faith & Family Filmmakers Association Support Faith & Family Filmmakers Our mission is to help filmmakers who share a Christian Worldview stay in touch, informed, and inspired. If you would like to assist with the costs of producing this podcast, you can help by leaving a tip.Get Email Notifications Enter the Faith & Family Screenwriting Awards festival Faith and Family Screenwriting Academy: https://www.faffassociation.com/Script Notes and Coaching: https://www.faffassociation.com/script-servicesCopyright 2024 Ivan Ann Productions