The Definitive Guide to Taxes for Indie Game Developers, 2nd Edition

The Definitive Guide to Taxes for Indie Game Developers
by Rachel Presser
English | 2023 | ISBN: 1032371803 | 321 pages | True PDF | 8.79 MB

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. There are many ways that indie developers can take control of their taxes and slash thousands of dollars off their tax bills and this pocket guide explains how, whether you work by yourself or with a tax professional.
This guide also contains a full list of tax code, court case, and authoritative material citations so that tax professionals who are trying to get indie developers as clients can have a reference.
The Definitive Guide to Taxes for Indie Developers is the first tax reference meant for game developers and by a game developer who happens to be a licensed tax professional (Enrolled Agent) and written in a manner that people who make and play games understand. Topics include:
-How to pick a business entity
-Working with foreign business partners and contractors
-Tax impacts of how you get funding for your game
-Common and uncommon deductions
-R&D credit and other benefits for development costs
-How you treat things like computers, consoles, and other dev tools
And much more!
Tax professionals have tried to understand the gaming industry but most don’t understand the indie life. This book gets it!