Macy, a veteran actor, and Schachter, the director half of the team, will pair up to tell the story of Lew Berman, a Florida certified public accountant who was tapped to run a string of strip joints during a legal battle, according to Monday's Hollywood Reporter.
The project, tentatively titled "The Stripper and the Accountant," is set to air on cable's Showtime Network.
Macy, who will portray Berman, and Schachter plan to make a movie that centers on Berman and his assistant, Abby Cuellar, a gay woman he hired from a temp agency.
"It is about a gay woman, who is somewhat disenfranchised, and Lew Berman, who is like a stranger in a strange land, and they take on the mafia, and they take on an industry that they knew nothing about," Macy said.
Macy and Schachter won an Emmy last year for TNT's "Door to Door," which they wrote. Macy also won an Emmy for his role in the film as a door-to-door salesman with cerebral palsy, while Schachter took the Emmy for directing.