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FutureFragments from patreon
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Edited Patreon Goal Levels

🕑 Added 2015-09-02 19:50:42 +0000 UTC

Comments

The Future Fragments Team

I've got a tax guy doing all this stuff for me, and unfortunately, I can't claim it as a donation because it's gotten over a given amount AND because I'm paying two other people as equal partners within the thing, and because the end goal is selling a product, etc. Self-employment taxes are insane, they start off at about 40% of your income in America, if you have a good tax guy they can get it down to like 15% though

Secular Reason

Haven't done the self-employment thing in a while, (over a decade) so I am definitely a little out of date with the tax laws for it but, if I recall isn't Patreon considered a "donation" as in, a gift, rather than an actual income? You might want to talk with a tax person. They can probably finagle something where you'd only have to pay taxes on larger pledges.

Tableuraz

Okay, that's cool then, still, I am planning to upgrade my pledge ^_^

The Future Fragments Team

To be clear, we don't have "expenses" besides our bills/food/rent and so forth, so all the money on this goes back to keeping us afloat, etc.

Tableuraz

If it is not too indiscreet, are you able to pay yourselves yet ? I know not being able to pay yourself for a while can be pretty hard...


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