Posted on 06/27/2013 12:58:17 PM PDT by SueRae
Three letters have been giving the payroll-services industry fits for several months now: ACA. That's the semi-acronym for the Patient Protection and Affordable Care Act, better known as Obamacare, and it's up to the payroll industry -- which cuts checks to production workers and offers related financial services to TV and film studios -- to help educate its clients on the rules before a good portion of the law kicks in Jan. 1.
"It's a morass of regulations and requirements, and everyone's trying to figure out what their exposure is," says Eric Belcher, president and CEO of Cast & Crew Entertainment Services. Adds Mark Goldstein, CEO of Entertainment Partners, which has held 16 seminars to help studios understand ACA: "It's going to be a very big deal."
Determining the exact nature of the new laws has been difficult, given that many ACA terms have yet to be worked out. Hollywood productions, for instance, might find it irksome simply trying to categorize employees as full- or part-time, seasonal or variable, and it's important that they get the classifications right lest they face hefty fines. "ACA is thousands of pages, and it wasn't written with this industry in mind," says Belcher.
(Excerpt) Read more at hollywoodreporter.com ...
"Featuring a cast of thousands 49."
Ha. Hope they choke on it.
Another group of idiots who will (have just ABOUT) priced themselves out of a job!
How much is the cost of a movie ticket these days? (I don’t go, so it’s a mystery to me)
When everyone is broke and on the dole, what the he$# will the great unwashed masses do for entertainment...because we KNOW they can’t read?
Exactly.
I hope it knocks the liberal suckers into the ground.
That is just...simply...eloquent. Pure poetry.
Hollywood likes to talk liberal, but deep down it is a business like any other, and they will outsource and evade as much as possible.
And produced in under 28 hours
and it's important that they get the classifications right lest they face hefty finesLOL! Like that would happen to anything connected to Hollywood.
Not to worry Hollywood. Your exemptions are sitting on Obama's/Holder's/IRS desks waiting for the checks to clear.
The liberals will just insist on larger production tax credits and up front monies.
Libs don’t pay taxes. See Warren Buffet, Denise Rich, Marc Anthony, White House Cabinet.
Literally all of the comments are scathing against hollywood liberals who voted for Obama.
Hey Mark..
Don't tell me you didn't vote for Lear Deader.
I have some words of advice for you on the ACA...
Choke on it, you deserve it.
Add to that, the massive tax increases already passed in their "One Party State", The eventual benefits for other "partners" and I can see a glut on Porsche's and forclosures in La-La-Land, as the work is outsourced to other Countries literally..
Working on a film is sort of a temp assignment. This throws a real kink into the cost structure for the folks who are payrolling them.
Normally I don't read the full articles, but after your reply, I had to go read the comments. Not one comment supporting the holly weird crowd. Hope they all fail.
This stupid turkey, the entire population is in the same rotten Hollywood supported BS.
May it bankrupt them all.
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