Insights and perspectives About Taxes
Exploring topics, tips, and trends in the world of global and compliant payments.
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5 Tax Deductions Pro Gamers and Streamers Should Know
If you’re a streamer or pro gamer, you likely file your taxes as an independent contractor. If that is the case, there are a number of self-employed deductions you can make on your taxes that you may not be making already. In an industry like gaming, where you game both… Read More
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New Taxes on Digital Transactions Show Why Compliance is King
Digital wallet platforms have become ubiquitous over the last decade, even making their way into our everyday language. It’s not uncommon to overhear someone at a restaurant saying, “I’ll get the bill, just Venmo me your half.” The millions of businesses, individuals, and organizations that use these platforms to issue… Read More
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Understanding the Major US Tax Forms for Contractors and Prize Money Winners: A Guide to Staying Compliant and Streamlining Payments
As a contractor or a prize money winner, it’s important to understand the major US tax forms and how they impact the payments you receive. The IRS requires different tax forms depending on the type of payment you receive and the amount. In this blog post, we’ll discuss the major… Read More
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Why is Esports Prize Money Taxable in Certain Countries
Regardless of the title you are competing in, it is exciting and rewarding to win prize money in an esports tournament. However, when it comes time to do your end of year taxes, it may be confusing to know whether or not to report your tournament earnings or how to… Read More