Our Accounting Services
Business Management
Business executives, actors, musicians, entertainers, production companies and professional athletes trust R.C. Baral and Company, Inc. to handle their day-to-day financial obligations including:
- Bookkeeping
- Budgeting
- Payroll
- Insurance Review and Recommendation
- Personal Purchases
- Investment Oversight Services
- Asset Administration
- Tax Preparation
Tax Preparation for Individuals and Companies
We prepare tax returns for individuals in the entertainment industry as well as entertainment related companies such as Film Production Companies, Visual Effects (VFX), Editing Companies, and more. In addition to tax return preparation, we handle personal and corporate planning, personal and corporate compliance reporting, and IRS representation.
Film and TV Production/Post-Production Accounting
In 30 years we have successfully completed nearly 1,000 projects. Some of our recent feature films include Inglourious Basterds, W, Terminator Salvation, Season of the Witch, The Details, and Cristiada. Some of our television projects include the NAACP Image Awards (Fox), Discovery and Tru-TV reality shows, as well as numerous Disney Channel/ABC Family Cable series and movies. Some additional selected projects are My Big Fat Greek Wedding, Erin Brockovich, K-19: The Widowmaker, Traffic, Out of Sights, Piranha 3D, Far From Heaven, Gone Baby Gone, Youth IN Revolt, I ♥Huckabees. The Mummy, 1 & 2, Hannah Montana, So Random, and Lemonade Mouth.
Our Pre-Production Services include:
- Financial Account set-up
- Computer Software/Hardware set-up
- Cost Reporting and Variance Reporting
- Budgeting
- Cash Flow Schedules
Our Production Services include:
- Location Staffing
- Operations Supervision
Our Post-Production Services include:
- Completion of Production Costs
- Cost Reporting and Variance Reporting
- Union Reporting Requirements
- Year-End 1099 Reporting and Filing
Other Production Services include:
- Business and Corporate Tax Returns
- Residual set-up
- Insurance Claim Filings
- Re-shoot Accounting
- Foreign Tax Rebates and Refunds Filing
- Production Cost Audits
- Profit Participation Audits
- Long-term storage of Accounting Records and Accounting Software
Film and TV Production Tax Returns
Our Production Tax Accountant Division handles hundreds of returns each year for the top Studios and for many Independents.
Tax Credits Audits and Submissions
Robert C. Baral, An Accountancy Corporation is the premier auditor for companies applying for the California Film and TV Tax Credit. We successfully earned the first approved Submission and have completed more projects than any other Entertainment Accounting firm. We perform Tax Credit Interim and Pre-Audit/Pre-Submission Reviews for most states and countries. Some recent projects include Dinner For Schmucks, Super 8, HOP, Lincoln Lawyer, Men of a Certain Age, Beginners, The Future, Jackass 3D, and Bridesmaids.
Auditing/Escalations
We perform Profit Participation and Cost Audits for individuals, studios and investors.
Digital Web Series Production/Post-Production Accounting
R.C. Baral and Company, Inc. is up to speed with new trends in the entertainment industry. Besides film and television, we are able to successfully handle all Production and Post-Production Accounting and Tax Returns for Digital Web Series.