HITS Act Passes Congress as Part of Trump’s ‘Big Beautiful’ Bill
The Help Independent Tracks Succeed (HITS) Act, the long-in-the-works legislation that would allow musicians to deduct 100% of their production expenses in the year they’re incurred, passed in Congress as part of Trump’s tax and spending cuts bill on Thursday (July 3). The milestone was quickly celebrated by Harvey Mason jr., CEO of the Recording Academy, which has long lobbied for the bill to become law. Co-sponsored by Rep. Linda […]