Keep Your Head in the Game with a CPA for Professional Video Gamers
If you’re focused on building or testing the latest game, you probably aren’t worried about how it will affect your finances, which is why hiring a CPA for professional video gamers is so important. Your dream job could come crashing down around your feet if you don’t get the support you need to make sure that your finances are in order, especially come tax time.
It can be difficult to find a CPA who has experience working with video game professionals, but it can make all the difference to your bottom line. With the right experience, a professional accountant knows the right questions to ask to make sure your income, finances, and taxes are working hard for you so you can continue working hard on the next game.
File taxes with ease
A CPA for professional video gamers is especially helpful at tax time. A professional accountant is a must for nearly anyone who wants to make sure they’re filing their taxes properly and getting the biggest return possible. It’s even more essential for a video gamer because an experienced gamer can complete many projects each year, resulting in many different tax documents with unemployment filings in-between.
A professional can help you pick through many different documents to get a better picture of your financial situation, allowing you to file taxes with confidence.
An experienced CPA for professional video gamers can help you with:
- Electronic tax filing and status checking
- Extensions and late filing
- Federal and state tax returns
- Individual and business tax returns
- Payment plans
- And more
With the right experience on your side, you can even amend previous years’ tax returns. Not only does this ensure that the most accurate information is on file with the IRS, but a professional CPA may be able to help boost your return by amending a return that wasn’t filed properly.
Video game designers and testers
It doesn’t matter if you’re a full-time employee or on contract, a video game designer or a tester, finding the right help from the right CPA can make your job even more enjoyable. That’s because you can focus on the game instead of focusing on your finances!
If you’re searching for a CPA who has experience working with professional gamers, give us a call. Our entire team is dedicated to helping gamers of all kinds continue to do what they do best—create and play video games—with assistance from a dedicated CPA for professional video gamers.
CPA for professional video gamers FAQ
Besides taxes, what other kinds of services can a CPA for professional video gamers provide?
As an individual, you will most likely be seeking tax assistance, but there are a few other ways a CPA for professional video gamers can help.
First, if you manage a team of gamers, an experienced CPA can provide you with a wide variety of accounting services that include:
- Tax audits and reviews
- Financial statement analysis
- Payroll and sales taxes
- And more
If you manage a team, or if you’d like to be able to manage your own contracts and income streams on your own, a professional accountant can help you with technology and systems that can make your life easier. For example, they can help you set up Quickbooks and teach you how to use it.
Hopefully, you won’t ever experience legal problems that are related to your career, but if you do, a qualified team of CPAs can provide you with a variety of litigation support services as well.
Why search for a CPA who has experience working with gamers?
When it’s time for a little financial help, especially when tax season rolls around, you may be tempted to go to the first accountant that pops up in your online search. Although any licensed and experienced CPA can help, you’ll find that an accountant who has experience working with gamers is invaluable.
The details of every vocation are a bit different, and some of those differences come with tax breaks. For example, if you test video games at home in a dedicated home office, you may qualify for a tax break that another professional can’t claim. It’s definitely worth your time to find a CPA who already knows a little bit about your situation so you can keep more of your hard-earned money.
How can an accountant help with unemployment?
The world of video games is extremely competitive, especially if you’re a tester. Unfortunately, that usually means gaps in employment. A qualified CPA can actually help you make the most of your unemployment status.
During the periods of unemployment, a tax professional can help you save on deductions that you may not be aware of. Things like resume preparation, travel expenses to attend an interview, and even postage can be deducted from your taxes at the end of the year.
There is a wide variety of tax credits that you may be able to claim as well, depending on your unique situation and how much money you made the previous year. That’s why it’s so important to seek the help of a CPA for professional video gamers.