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Tax breaks help TV zombies survive

November 14, 2010

AMC is on a roll.

Don Draper and his fellow Mad Men are heading into their fifth season of making the 1960s sexy.

Breaking Bad has intensely compelling story lines and mesmerizing performances.

And now The Walking Dead is taking a shuffling, creepy walk all the way to the bank.

In case you don't have cable, the latest AMC program is a live (OK, filmed) version of what I'm told is a popular comic book series about zombies.

AMC-Walking-Dead-Ep2-Glenn-Rick-Guts-Scott-Garfield Photo by Scott Garfield/TWD Productions, courtesy AMCtv.com
Click image to enlarge (if you dare!).

I'm unfamiliar with the graphic novels by Robert Kirkman, but I am a sucker for horror stories in any medium so I watched its Halloween night premiere. So did 5.3 million others. That represented the largest audience ever in the preferred TV viewer demographic for a scripted series show on cable.

Another 4.8 million of us tuned in for the following episode. I taped tonight's third show and will watch it after the hubby goes to bed; he's not a zombie fan.

Unfortunately, all this gory love of innards-craving undead doomed Rubicon, another AMC show I also liked.

Viewers, timing and tax breaks: Rubicon's demise wasn't, of course, as simple as ratings, although The Walking Dead is bringing more than four times the eyeballs to TV sets than tuned in to the neo-noir conspiracy thriller.

The New York Times examines what went right for zombies and wrong for secretive political analysts.

The Walking Dead also has entertainment industry tax breaks on its side. The Times notes:

The episodes were filmed almost entirely on location in and around Atlanta, where a roughly 30 percent tax credit cut down costs. AMC declined to comment on the show's budget, but two people with knowledge of the production said each episode cost $2 million to $2.5 million, a price that puts it in line with other high-end dramas on cable, though still below the equivalent prices on broadcast television.

So while I'm sorry that I won't get to see the further machinations of Truxton Spangler or find out exactly what angle Kale Ingram was playing, I'm grateful for the Rubicon episodes that did air. I also appreciate that the show's lone season didn't end in a total cliffhanger.

And I'll keep watching AMC's tax-favored zombies for as long as they keep terrorizing cable's countryside … or for as long as their ratings stay high.

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The More Tax Posts tab at the top of this page will take you to, well, more tax posts. You also can search below for a tax topic. 

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TAX-SAVVY WAYS 
TO WRAP UP 2026

It’s over! With October’s extended filing deadline behind us, it is now time to focus on year-end moves to reduce your 2026 tax bill. 

You’ll find ways to do just that on the Tax Tips page (see the More Tax Posts drop-down menu at the top of the blog), as well as the separate tax tip pages for each month, notably October through December. If you’re on the Tax Tips page, you’ll find a monthly list at the end of this column. If you’re on another blog page, you can head straight to the October tips; at the bottom of that tips page you’ll find links to all the other 11 months’ collections of tax advice.

Not to spoil what you’ll find in that tax advice, but it does cover such things as tax deductions for charitable donations, investment moves that could reduce tax due, and ways to max out your tax-favored retirement savings. 

Finally, as the year winds down, things get hectic. There are lots of other things to occupy our time, like the much more fun upcoming holidays. But don’t lose sight of taxes, since timing is key. To be of use, most tax moves must be made by the end of the tax year. That’s Thursday, Dec. 31, which also is the last business day of the year. 

So that you don’t miss that final tax year deadline, also keep an eye on the countdown clock below. It will keep you on top of just how much time is left to make important, tax-saving moves. (Note: I’m in the Central Time Zone, so adjust accordingly for where you live.)

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