HITS Act Saves Independent Artists Big on Recording Costs in Chicago

As an independent musician, you invest time, energy, and money into creating music that connects with your audience. At Untold Stories Recordings in Chicago, I’ve seen how much goes into producing a single track. The HITS Act, signed into law in July 2025, is exciting news for artists like you—it allows deductions of up to $150,000 on recording, mixing, and mastering expenses in the year they’re spent. Here’s how this can save you money and why our Chicago recording studio is the perfect place for your next project.

What the HITS Act Offers

The HITS Act lets independent artists, songwriters, and producers deduct up to $150,000 in recording costs—like studio time, session musicians, mixing, and mastering—in the same year you spend the money. This is a huge shift from spreading deductions over years, giving you more cash flow for your music.

For example, if you earn $50,000 a year and spend $5,000 at our Chicago music studio, you could save up to $600 in taxes, depending on your tax bracket. Earn $100,000? That same $5,000 project could save you up to $1,100. A $5,000 recording project could effectively cost as little as $3,900 after deductions—a 22% savings on studio time at one of Chicago’s best recording studios.

Why Record with Untold Stories Recordings

Chicago is a hub for creativity, with its rich music history and thriving arts scene. At Untold Stories Recordings, our Chicago music studio offers top-tier equipment and skilled engineers to help your music shine, whether you’re recording an acoustic ballad, a pop single, or an indie rock album. With the HITS Act, recording in a professional Chicago recording studio is more affordable than ever.

How to Use the HITS Act

I’m not a tax expert, but here’s how to get started: keep receipts for all recording expenses, track your spending, and consult a CPA familiar with the music industry to maximize your deductions. The HITS Act applies to costs from 2025 onward, so now’s the time to plan your next project.

Contact Untold Stories Recordings for a free consultation. We’ll show you our Chicago music studio and help plan a recording session that fits your budget and vision.

Act Now and Save

The HITS Act makes recording more affordable, and Untold Stories Recordings is here to help you take advantage of it. Share this with your music crew and call us today to book a session at Chicago’s best music studio. Let’s make your next project a creative and financial win.