The Definitive Guide to Taxes for Indie Game Developers

The Definitive Guide to Taxes for Indie Game Developers PDF Author: Rachel Presser
Publisher: CRC Press
ISBN: 1000870545
Category : Computers
Languages : en
Pages : 261

Get Book

Book Description
Indie developers and other people who work on games for a living face all kinds of interesting income tax and small business formation issues that more traditional businesses simply don’t: not being geographically bound, relying on alternative funding, long periods of time with no income, and having multiple options for tax treatment of game development costs. The Definitive Guide to Taxes for Indie Game Developers addresses the income tax issues that the average indie game developer is most likely to encounter, in the context of the American Internal Revenue Code and types of taxes. Written by a former tax law practitioner turned game developer and industry consultant with a decade of tax and accounting experience, this newly revised Second Edition includes key provisions of the 2018 tax reform, such as the new qualified business income deduction, R&D credit expansion, and permanent reduction to corporate income taxes. In-depth explanations and examples are provided along with references to Tax Court and Supreme Court cases relevant to each tax benefit. Key Features: Includes authoritative sources with relevant IRS publications, Revenue Rulings, and Tax Court cases Features easy to read, accessible, and humorous language: No legalese! Approaches how business decisions as an indie developer affect personal finances Readers will gain a thorough understanding of taxation’s role in managing a game studio of any size and going indie with any lifestyle. The accompanying companion website is a valuable resource that is annually updated to keep current on any tax reforms.

The Definitive Guide to Taxes for Indie Game Developers

The Definitive Guide to Taxes for Indie Game Developers PDF Author: Rachel Presser
Publisher: CRC Press
ISBN: 1000870545
Category : Computers
Languages : en
Pages : 261

Get Book

Book Description
Indie developers and other people who work on games for a living face all kinds of interesting income tax and small business formation issues that more traditional businesses simply don’t: not being geographically bound, relying on alternative funding, long periods of time with no income, and having multiple options for tax treatment of game development costs. The Definitive Guide to Taxes for Indie Game Developers addresses the income tax issues that the average indie game developer is most likely to encounter, in the context of the American Internal Revenue Code and types of taxes. Written by a former tax law practitioner turned game developer and industry consultant with a decade of tax and accounting experience, this newly revised Second Edition includes key provisions of the 2018 tax reform, such as the new qualified business income deduction, R&D credit expansion, and permanent reduction to corporate income taxes. In-depth explanations and examples are provided along with references to Tax Court and Supreme Court cases relevant to each tax benefit. Key Features: Includes authoritative sources with relevant IRS publications, Revenue Rulings, and Tax Court cases Features easy to read, accessible, and humorous language: No legalese! Approaches how business decisions as an indie developer affect personal finances Readers will gain a thorough understanding of taxation’s role in managing a game studio of any size and going indie with any lifestyle. The accompanying companion website is a valuable resource that is annually updated to keep current on any tax reforms.

Tax Policy

Tax Policy PDF Author:
Publisher: DIANE Publishing
ISBN: 0788148516
Category :
Languages : en
Pages : 49

Get Book

Book Description
Indian gaming activities and the revenues generated from them have grown substantially since the late 1980's. 184 of the 555 Indian tribes officially recognized by the U.S. were operating a total of 281 gaming facilities as of December 31, 1996. This report provides an updated profile of the Indian gaming industry, information on the amount of transfers to the tribes from their gaming facilities, a comparison of Indian gaming revenues with the revenues generated by other legalized gaming activities, and a summary of the federal tax treatment of Indian tribes and tribe members. Charts and tables.

Tax Policy

Tax Policy PDF Author: United States. General Accounting Office
Publisher:
ISBN:
Category : Gambling on Indian reservations
Languages : en
Pages : 56

Get Book

Book Description


Cracking the Code

Cracking the Code PDF Author: Peter Eric Hendrickson
Publisher:
ISBN: 9780974393605
Category : Internal revenue law
Languages : en
Pages : 256

Get Book

Book Description
A detailed history and analysis of the actual statutes behind the Internal Revenue Code revealing the surprisingly limited reach of the American income tax.

The Tax and Legal Playbook

The Tax and Legal Playbook PDF Author: Mark J. Kohler
Publisher: Entrepreneur Press
ISBN: 161308403X
Category : Business & Economics
Languages : en
Pages : 346

Get Book

Book Description
The Tax Rules Have Changed. Your Business Should, Too. The Tax Cut and Jobs Act of 2017 marks the biggest tax reform in more than 30 years. The changes to the tax code are complex (especially for the small-business owner), but you don't have to go it alone. CPA and Attorney Mark J. Kohler delivers a comprehensive analysis of the new tax and legal structure you desperately need to help make the new tax law work for you. In this revised edition of The Tax and Legal Playbook, Kohler reveals clear-cut truths about tax and legal planning and delivers a practical, play-by-play guide that helps you build wealth, save on taxes, and protect your assets. Using real-world case studies, tax-savvy tips, game plans, and discussion points, Kohler coaches you through the complexities of the tax game of the small-business owner. You'll also learn how to: Examine your business needs and pick the right business entity for you Build your personal and corporate credit in eight steps Implement affordable asset protection strategies Take advantage of underutilized business tax deductions Pick the right health-care, retirement, and estate plans Bring on partners and investors the right way Plan for your future with self-directed retirement funds Reading from cover to cover or refer to each chapter as needed, you will come away wiser and better equipped to make the best decisions for your business, your family, and yourself.

Confidence Games

Confidence Games PDF Author: Tanina Rostain
Publisher: MIT Press
ISBN: 0262027135
Category : Business & Economics
Languages : en
Pages : 421

Get Book

Book Description
The rise and fall of a tax shelter industry that enabled some of America's richest citizens to avoid paying their fair share of taxes. For ten boom-powered years at the turn of the twenty-first century, some of America's most prominent law and accounting firms created and marketed products that enabled the very rich—including newly minted dot-com millionaires—to avoid paying their fair share of taxes by claiming benefits not recognized by law. These abusive domestic tax shelters bore such exotic names as BOSS, BLIPS, and COBRA and were developed by such prestigious firms as KPMG and Ernst & Young. They brought in hundreds of millions of dollars in fees from clients and bilked the U.S. Treasury of billions in revenues before the IRS and Justice Department stepped in with civil penalties and criminal prosecutions. In Confidence Games, Tanina Rostain and Milton Regan describe the rise and fall of the tax shelter industry during this period, offering a riveting account of the most serious episode of professional misconduct in the history of the American bar. Rostain and Regan describe a beleaguered IRS preoccupied by attacks from antitax and antigovernment politicians; heightened competition for professional services; the relaxation of tax practitioner norms against aggressive advice; and the creation of complex financial instruments that made abusive shelters harder to detect. By 2004, the tax shelter boom was over, leaving failed firms, disgraced professionals, and prison sentences in its wake. Rostain and Regan's cautionary tale remains highly relevant today, as lawyers and accountants continue to face intense competitive pressure and regulators still struggle to keep pace with accelerating financial risk and innovation.

Breaking the Tax Code

Breaking the Tax Code PDF Author: America's Leading Tax Professionals
Publisher:
ISBN: 9780983340416
Category : Business & Economics
Languages : en
Pages : 0

Get Book

Book Description
Breaking the Tax Code is a must read for all taxpayers. If you work outside the tax accounting spectrum, chances are you have preconceived notions of the IRS and the Tax Code. Here is a book that will update your knowledge on a wide range of tax topics including tax shelters, divorce implications, tax planning, and how to stay out of trouble with the IRS - all topics that concern every taxpaying individual. As a bonus, it's written in a readable format. Breaking the Tax Code guides you, with the advice of leading tax professionals, how to legally plan for and minimize your tax burden while maximizing your cash flow. Whether you're a millionaire or you're just starting to build your nest egg, this book will lead you on the path to greater financial freedom with the turn of every page. These are proven strategies to legally minimize your taxes and help you to keep more of what you earn.

Gaming the Tax Code

Gaming the Tax Code PDF Author: United States. Congress. House. Committee on Oversight and Government Reform. Subcommittee on Domestic Policy
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 108

Get Book

Book Description


Income Tax Regulations, Final and Proposed Under Internal Revenue Code

Income Tax Regulations, Final and Proposed Under Internal Revenue Code PDF Author: Commerce Clearing House
Publisher:
ISBN:
Category : Income tax
Languages : en
Pages : 1806

Get Book

Book Description


Gaming Law

Gaming Law PDF Author: Julian Harris
Publisher: Sweet & Maxwell
ISBN: 0414024869
Category : Games & Activities
Languages : en
Pages : 365

Get Book

Book Description
Gaming Law provides an overview of the law and regulation relating to gambling in important gambling markets and licensing jurisdictions worldwide, with an emphasis on the rapidly evolving online gambling sector. -- Provided by publisher.