Posts by jhunger

1029 posts Go Acoustic!
  • Has sold $125,000+ on Envato Market
  • Elite Author: Sold more than $75,000 on Envato Market
  • Made it to the Authors' Hall of Fame
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+5 more
jhunger
says

I liked it – it has a very interesting and driving groove that I could picture in a variety of video applications, and I’m not sure I’m understanding the hard reject here either. If I had to be picky I think I would echo what other people are saying – there is a bit of dissonance when the trumpet comes in, and maybe is too similar all the way through.

1029 posts Go Acoustic!
  • Has sold $125,000+ on Envato Market
  • Elite Author: Sold more than $75,000 on Envato Market
  • Made it to the Authors' Hall of Fame
  • Had an item featured on Envato Market
+5 more
jhunger
says


In the past we have not gotten a 1099 form from Envato. The money still has to be declared as hobby or business income, depending on how you’re reporting, but you don’t have an official tax document. This will be the same for this year – you will not get a 1099 from Envato for 2014 earnings. It’s possible that for the 2015 tax year and beyond we may see a 1099 from Envato. A few months ago they made the announcement that they would be doing so, but have delayed 1099 reporting until further notice because of complications that arose around the “Author’s Fee” (and possibly other issues for all I know). As far as I know they have not come back with more information after that, but I assume at some point they will be sending 1099s so us. Whether any 2015 earnings will be reported I don’t know, and also it’s not yet determined as far as I know whether they’re also going to reporting the “Author’s Fee” as well as what you actually get paid.
I think as far as USA authors go we only need to report just the actual income we received.

That’s true for this year.

For subsequent years it’s up in the air. If Envato implements what they had originally announced, we will all need to report what we are paid plus the “Author’s Fee,” and then deduct the “Author’s Fee” on our tax forms. This essentially forces everyone into using Schedule C rather than hobby income to report their taxes, and also may cause other problems depending on what state and local taxes you have to deal with. But hopefully Envato will back off on this reporting method – we’ll just have to wait and see.

1029 posts Go Acoustic!
  • Has sold $125,000+ on Envato Market
  • Elite Author: Sold more than $75,000 on Envato Market
  • Made it to the Authors' Hall of Fame
  • Had an item featured on Envato Market
+5 more
jhunger
says

If it makes you feel any better, I’m having my worst sales/revenue month since 2011 :). I agree with Phil that historically this is the slowest period of the year, though it’s definitely a worse January than usual based on my experience. Other marketplaces have not been stellar either, though I’ve noticed some momentum in the past few days.

1029 posts Go Acoustic!
  • Has sold $125,000+ on Envato Market
  • Elite Author: Sold more than $75,000 on Envato Market
  • Made it to the Authors' Hall of Fame
  • Had an item featured on Envato Market
+5 more
jhunger
says

In the past we have not gotten a 1099 form from Envato. The money still has to be declared as hobby or business income, depending on how you’re reporting, but you don’t have an official tax document. This will be the same for this year – you will not get a 1099 from Envato for 2014 earnings.

It’s possible that for the 2015 tax year and beyond we may see a 1099 from Envato. A few months ago they made the announcement that they would be doing so, but have delayed 1099 reporting until further notice because of complications that arose around the “Author’s Fee” (and possibly other issues for all I know). As far as I know they have not come back with more information after that, but I assume at some point they will be sending 1099s so us. Whether any 2015 earnings will be reported I don’t know, and also it’s not yet determined as far as I know whether they’re also going to reporting the “Author’s Fee” as well as what you actually get paid.

1029 posts Go Acoustic!
  • Has sold $125,000+ on Envato Market
  • Elite Author: Sold more than $75,000 on Envato Market
  • Made it to the Authors' Hall of Fame
  • Had an item featured on Envato Market
+5 more
jhunger
says

Acoustic guitar is tough too!! The room has more of an impact on an acoustic….

The ribbon I am using is an old Cascade Fathead 2.  with the Lundahl transformer.  Mine is from the very first batch ever sold by them.  I mostly like it.  It can tend to smear the bass a bit when super close to a loud amp, but I just move it back to accommodate.  It also has a low output, but that is insignificant to the loud source.  For the price, it is hard to beat!  Almost all of the electric stuff in my portfolio is recorded with that mic.  The cab and mic rarely move.
The cab sounds good, but the amp in that track is the star. It’s an Oldfield Marquis 36. It gives me every British voice I could want and also has it’s own thing that is pretty amazing… I also record with vintage Silvertone’s, and occasionally use amp sims. My pre helps out too! It’s fun to geek out on this stuff… I like to go all out with searching for guitar sounds!

Yeah, I’m unfortunately quite familiar with the room having an impact :P. I’m in a better space now, but still sub-optimal, and I think that’s my major hurdle at this point.

I have a Fathead 2, actually from a recommendation on an AJ forum post a while back, and I think it’s impressive for the price. It’s the stock transformer though – would be interesting to try with the Lundahl. I came very close to giving into buying a pair with the Lundahl upgrade and a Blumlein bar on sale for $649 last month, but largely because the Blumlein configuration relies on the room being decent I decided to hold off. Suppose I need to better learn to optimize the gear I’ve got first anyway :)

1029 posts Go Acoustic!
  • Has sold $125,000+ on Envato Market
  • Elite Author: Sold more than $75,000 on Envato Market
  • Made it to the Authors' Hall of Fame
  • Had an item featured on Envato Market
+5 more
jhunger
says

OK… If anyone is still following along… I tried my best to emulate this tone… It’s on my latest upload… I don’t want to break rules by posting a link, but this is close to my ears…

This is a dual hum bucker guitar (vintage Gibson) with a compressor pedal into a clean boutique amp… The mic is a ribbon mic on a closed back cab into a vintage API pre. There is some post processing involved… mainly EQ and a reverb.

The original sound could very well be a tele in the middle position as well… Hope that is helpful!! Getting good guitar sounds can be very difficult! There are so many factors…

Sorry sorry sorry – I promised myself I wouldn’t geek out, but what ribbon mic are you using, and what do you think of it?

Sheesh, you’re telling me that recording guitar is difficult. I have a hard enough time with acoustics, and there aren’t even any pickups or amps involved.

1029 posts Go Acoustic!
  • Has sold $125,000+ on Envato Market
  • Elite Author: Sold more than $75,000 on Envato Market
  • Made it to the Authors' Hall of Fame
  • Had an item featured on Envato Market
+5 more
jhunger
says

So yeah, there’s a lot of nervousness there. I can’t say that I’m going to leave AudioJungle fully, but I’m in the process of removing items from my exclusive account and two others (these were from a long time ago and aren’t really performing anyway), and am talking with my collaborator on another one to decide whether to call it quits there as well. My main account I’m going to leave open for now, though.

BTW, in case anybody’s reading this and thinking “OMG I should delete my profile!!!” I should clarify that there are multiple reasons for me wanting to close accounts outside of my main one. For me it’s an overall shift of focus and strategy, namely around the sanity perspective of maintaining one account and also making some of my work available for PRO submission. The tax issue is just one small input that’s spurring me to move the songs off sooner rather than later.

Ultimately I believe that it’s a good sign that Envato is taking more time with the US reporting issue, and hopefully once they have the input they need they’ll make the right decisions around it.

1029 posts Go Acoustic!
  • Has sold $125,000+ on Envato Market
  • Elite Author: Sold more than $75,000 on Envato Market
  • Made it to the Authors' Hall of Fame
  • Had an item featured on Envato Market
+5 more
jhunger
says

Absolutely!

I have my gripes from time to time, and am worried about recent developments on the tax reporting side, but I absolutely continue to love the Jungle as well. I’ve met a ton of great people up here and have been awed at both the talent of the authors and also of the way the staff has grown (and continues to grow) into a mature marketplace.

Congratulations, Matthew – living the dream :)

1029 posts Go Acoustic!
  • Has sold $125,000+ on Envato Market
  • Elite Author: Sold more than $75,000 on Envato Market
  • Made it to the Authors' Hall of Fame
  • Had an item featured on Envato Market
+5 more
jhunger
says

Hello fellow Americans,

I know this information might be buried somewhere in the many threads that have been locked, but I want to ask while the asking is good…

With regards to Envato’s new US tax policy; I know that we aren’t being issued a 1099 for tax year 2014, so therefore I won’t be reporting my 2014 income as the full “item price” which includes the new “author fee.” I’ll just be reporting what I always have, my yearly total of PayPal deposits from Envato. Is everyone doing the same thing?

As for 2015, I’m not sure if it’s been settled…will the new policy be implemented in tax year 2015? I read at some point that it was on hold while everything is investigated further.

Considering how the new policy might affect the my tax bracket, I’m thinking about leaving AJ. But that’s only because I’m not sure how the “author fee” will be deductible as an expense. Is it really possible that a large amount of “income” we don’t actually receive can be deducted as “negative income” and/or an expense?

Argh, I wish I could gain some clarity on this. I love AJ, the community especially. I don’t want to leave, but I feel like there is something off about this new policy.

Thanks in advance for any advice!

The last thing I heard on the US reporting was that they had originally intended to start tracking in 2015, but had delayed it until some unspecified date because they needed to more fully research the ramifications. Unfortunately VAT concerns drowned out the US concerns at that point (understandably), but I’m still waiting on pins and needles for some news on the US part of things. I would hope that at least it would be delayed until 2016.

I’m not really sure about deducting the so-called “Author Fee” either, and I’m especially concerned as a non-exclusive author that it will be an awful lot to deduct as a percentage of the reported price. Envato has promised documents to back these things but as far as I know they haven’t made the format public. So yeah, there’s a lot of nervousness there. I can’t say that I’m going to leave AudioJungle fully, but I’m in the process of removing items from my exclusive account and two others (these were from a long time ago and aren’t really performing anyway), and am talking with my collaborator on another one to decide whether to call it quits there as well. My main account I’m going to leave open for now, though.

Like you, for 2014 I plan on reporting the total dollar amount that Envato paid me, as I have every year since 2009, and do for every other marketplace I’m selling songs with.

1029 posts Go Acoustic!
  • Has sold $125,000+ on Envato Market
  • Elite Author: Sold more than $75,000 on Envato Market
  • Made it to the Authors' Hall of Fame
  • Had an item featured on Envato Market
+5 more
jhunger
says

I’m curious Joel, is your day job related to music at all? Sorry if that’s prying. Don’t have to answer :)

No worries – it’s not prying :) No, I’m a software engineer, or at least people keep paying me to be one :)

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