Hollywood’s Next Plot Twist: Can a 100% Tariff Bring the Movies Home?

Behind the politics lies a high-stakes financial drama for studios, vendors, and CPAs.

King

By Kendale King

Kendale King, CPA, works closely with individuals and businesses, helping them reduce their tax burden and get their accounting audit-ready. He serves as a subject matter expert for the Financial Accounting Standards Board on the “Accounting for and Disclosure of Digital Assets” project. King is on the board of directors for the California Society of CPAs and serves as the president of the Los Angeles chapter of the National Association of Black Accountants. He has also worked at Deloitte, PwC, Siegfried Group, Propeller, CFGI, Netflix, ITV Studios, and Snapchat. King can be reached at kck-cpa.com.

In a move that has shocked the global entertainment industry, President Trump proposed a 100 percent tariff on all foreign-made films entering the U.S. market. The declaration via Truth Social framed the policy as a patriotic push to “make movies in America again,” citing national security concerns and the erosion of domestic film production.

More on Tariffs

At first glance, it sounds like a headline engineered for outrage—or applause, depending on your vantage point. But beneath the political theater lies a real-world drama with high stakes for everyone, from studio execs to set designers, and even accountants. READ MORE →

Ten Travel Expense Deduction Tips | Listicle

https://cpatrendlines.com/category/checklist/listicle/By CPA Trendlines Research

Clients can realize significant tax benefits by deducting travel expenses, especially those who travel frequently for business.

MORE Listicles here
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Here are 10 tips to help navigate the complexities of travel expense deductions:

1. Shipping of Baggage and Materials: Costs for shipping baggage, samples or display materials over to your destination are deductible.
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New Survey of 600+ Main Street Accountants Reveals Steep Drop in Optimism for SMB Clients

The Avalara Accountants Confidence Report shows 64 percent of trusted advisors bracing clients for economic downturn, and urging cash preservation, debt reduction, and rapid intelligent technology adoption

Avalara, Inc., a leader in modern tax compliance automation, released the 2025 Avalara Accountants Confidence Report, revealing a marked decline in optimism among U.S. accountants advising small and mid-sized businesses.

Based on a CPA Trendlines survey of 623 accounting professionals, the report offers a unique view into the economic outlook, operational pain points, and forward strategies of nearly 158,000 small and midsized business clients, filtered through the trusted advisors who know their finances best.

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Struggling to Keep Up with Market Salaries?

portrait of Dominic Piscopo
Piscopo

Three common misconceptions and how you can compete.

By Dominic Piscopo, CPA
Founder of Big 4 Transparency and
host of the
Big 4 Transparency Podcast

I can’t tell you how many firm owners complain to me about the talent shortage and how it’s holding back their growth. In truth, plenty of talent exists. It just may not be out there at the prices you’re willing to pay.

MORE: Tax and Accounting Wages Hit Record HighsPanel: Radical Changes Coming in Pay and AI | Accounting Influencers
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When firms come to us to source an open position, they usually share a job description that looks solid. But when we get to the salary range they have in mind, it’s often way below what’s being paid in today’s market. That’s usually why they’re not generating as many good candidates as they hope.
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How Automation Fails Accountants

Creates more work, not less.

By CPA Trendlines Research

Automation in accounting is supposed to cut costs and boost productivity. But for many firms, it’s doing the opposite.

MORE in Tech

Some 43 percent of accounting firm professionals say technology is increasing manual work rather than reducing it. And 34 percent say they are underutilizing the features of the tools they’ve already implemented, according to a new survey of 400 U.S. CPAs.

The lesson is clear: Automation is not a silver bullet. To deliver real return, it requires planning, processes and people working in sync. The pressure is growing. As the talent shortage persists and margin pressures rise, firms can no longer afford half-measures on technology.

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