How can entertainment industry professionals set themselves up for success in the coming year? On this episode of the Media Clips Podcast, Host and GHJ Entertainment Practice Leader Ilan Haimoff is joined by a panel of experts across GHJ’s service lines: • GHJ State and Local Tax Practice Leader Frances Ellington Gutierrez shares what businesses and individuals need to know about production tax credits and addresses the trend of shelving films for the tax write-off. • GHJ International Tax Principal Andreas Koller explains the Corporate Transparency Act, which has reporting deadlines on Jan. 1, 2025 • GHJ Media and Advertising Practice Leader Dan Landes explains how businesses are applying the Current Expected Credit Loss (CECL) accounting standard. • GHJ Client Accounting and Advisory Services Practice Leader Arna Erazo explains why companies are looking beyond bookkeeping and gaining deeper insights into their operations through outsourced accounting. • Ilan closes out the discussion by highlighting content valuation, especially when it is published on studio-owned streaming services and free ad-supported streaming television (FAST) channels including Tubi, Pluto and YouTube.