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The royalty split under a publishing deal is usually 50/50, 60/40 or 75/25 (the lower amount going to the publisher), depending on how 'big' the songwriter is; and an advance might be offered, similar to that of a record deal.

How does it work? Songwriters sign a publishing agreement with a music publisher company, assigning them the copyright to their work. The publisher will then work on behalf of the artist to distribute relevant licensing, monitor the fair use of the songwriters' work, and collect and distribute royalties.

A Publishing or Song-writing Agreement is the document by which a songwriter assigns the copyright in their compositions to a music publisher in exchange for royalties and, in appropriate cases, an advance against those royalties.

Here are the basic clauses you should review in a book publishing contract: Author and Publisher Legal Names. Grant of Rights. Advances and Royalty Payouts. Understanding Subsidiary Rights. Maintaining Editorial Control. Options and Right-of-First Refusal. Consultation and Approval Rights. Warranty and Indemnity.

It is free to apply for an EIN through the IRS. You should file for an EIN before registering your business with the state. There are many methods to apply, including an online application, fax, mail, or telephone.

Convenient Locations in Your Community: During the tax filing season, many libraries and post offices offer free tax forms to taxpayers. Some libraries also have copies of commonly requested publications. Many large grocery stores, copy centers and office supply stores have forms you can photocopy or print from a CD.