Senators Propose Tax-Relief Bill for Actors

Backstage: "One of the cruel jokes played on actors who try to make a living with their art is that, come April 15, they can owe money on an annual income as low as $16,001. However, a bill proposed by U.S. Sens. Charles E. Schumer (D-N.Y.) and Dianne Feinstein (D-Calif.) could change that. The legislation would allow actors and other performers who earn up to $30,000 a year to deduct their career-related expenses without itemizing, in addition to receiving the standard deduction ($5,000 for individuals last year)."