iAproductions Can Help

Yes, tax credits are a great way to add value to your production or get cash back, but the process is complicated and mis-steps can cost you credits and cash.

First there’s the initial application and application-approval process. Miss something here and it may come back to bite you somewhere down the road. Next comes pre-production expense planning to ensure that production expenditures will indeed be “qualified.” Then comes the production itself in which every expense must be accounted for, classified, qualified and payment rendered according to statute. Cross a state line to fuel a van and you just lost a credit. Employ above-the-line personnel without explicit contract language and you won’t get tax credit for their salary. Hire a crew person or rent equipment from out-of-state without using an in-state production services company and you just lost tax credits.

Then there’s the payroll, post-production, and the dreaded audit process. Unless you’ve prepared for the audit and have a in-state CPA intimately familiar with the tax credit legislation you could again lose credits or be asked to revisit the audit process again. Finally, you have to turn the credit into cash, if there’s any left after the process.

No wonder few productions other than major feature films choose to run this gauntlet.

Now you don’t need to be a major studio to benefit from this terrific tax credit program. iAProductions is West Virginia’s most experienced production and production services company. We’ve worked with advertising agencies large and small, network clients, and major Hollywood studios.

We’ve worked out all the kinks and found that after accounting, audit and sale costs we can help you can recoup 20% of your production budget in cash.

We can help you get cash back under two scenarios:

Work with us as you would any other production company. Bring us your vision and our producer and director will plan and produce your shoot while we handle the tax credit application process and ensure that every possible expense incurred during production and post is tax-credit eligible and accounted for. We have veteran DP’s, gaffers, sound recordists and all the professional crafts people and equipment you need to create a great show. Then stay awhile and edit with us in our very cool HD suite or go home and view your edit progress from our FTP site. And we can distribute your spot via DGS when its finished. In just a few months we’ll complete the tax credit process and assist you with the sale of your credit. We have a perfect track record in selling every credit we’ve been awarded. When its all over you’ll have up to 20% of your production budget in cash.
Work with us as you would any other production company and choose your own director, DP, art director or other personnel. Then sit back and let our producers plan and produce your shoot while we handle the tax credit process for you. We’ll fill the remaining craft positions with West Virginia residents and procure all production equipment and services to maximize your tax credit. Edit with us and keep more of your credit or take your footage home with you. We’ll complete the accounting and audit steps for you and assist with the sale of your credit and you’ll receive up to 20% cash back.