Here’s why the HITS Act is a Win for Every Music Industry Creative
In July 2025, Congress passed and President Biden signed the Help Independent Tracks Succeed (HITS) Act into law—finally leveling the tax landscape for independent artists, songwriters, and producers. Previously, creators had to amortize recording expenses over decades. Now they can deduct up to $150,000 in recording-related costs in the same tax year the expenses are incurred—just like film, TV, and theater professionals. Read More