Thanks for the current month display!
Surely the graph should cut vertically with current month/day instead of sloping towards 0 value of next month.
Sorry – emphasis on taxable income. If it costs me $8 to make $10, I will not be taxed on $10, only the $2. So I report $2 to the tax office. This latest announcement does not change my individual situation based on my own accountant advice. Strongly suggest everyone email their accountants with questions rather than asking them here. Please don’t base financial advice off forum posts.
Was speaking about inconsistencies that can attract government’s enquiry and need for producing supportive documents about past transactions – if not every single sale data – regardless of our taxable income. We have nothing more than the Statement page as immediate evidence for above cases and recently the Statement page stopped showing the item listing price and our author’s percentage.
PS: Thiruppuril irundhu vanakkam therivikkum nanbar oru banian podakkoodadha?
I am not opposed to the idea of Envato reporting my earnings to the tax office if they need to in order to abide by some law (or to prevent people from using their service to launder money – or whatever reason, it must be a legitimate reason for them to spend resources on this project). My self-reported taxable income would match exactly.
Other than the double report issue, we will face the – 80% of item price considered as author earning – going to be an issue. If I am not mistaken, this may impact not just US authors but everyone. (And think about those who currently earns just 36%)
My opinion was as an Author, an Elite one too, not as a moderator. I forgot to post that in my original message. I have nothing else to add. I like my business private, my ratings as well, the best ratings are those you can resolve first hand with the buyer, not make a public display of them. This isn’t Yelp
Yes, we may need more feedbacks/communication with buyer in private conversation (if possible) but making things public will not be helpful for anyone.
Change of rating after public conversation – can’t be a targetted solution.