Posts by refaktor

100 posts
  • Has referred 200+ members
  • Has sold $250,000+ on Envato Market
  • Has collected 10+ items on Envato Market
  • Elite Author: Sold more than $75,000 on Envato Market
+5 more
refaktor
says

I am the featured author this week. Was pretty unexpected to say the least. It’s not super important but it feels like an accomplishment nonetheless.

100 posts
  • Has referred 200+ members
  • Has sold $250,000+ on Envato Market
  • Has collected 10+ items on Envato Market
  • Elite Author: Sold more than $75,000 on Envato Market
+5 more
refaktor
says


All the other statement screens are working, just not “today” for either earnings or sales. I’ve restarted the app a couple times and its still not working properly.
What do you mean by “not working properly”? Is it still 0?

Yes it is always at 0 no mater when I check it or how many sales I’ve had that day.

100 posts
  • Has referred 200+ members
  • Has sold $250,000+ on Envato Market
  • Has collected 10+ items on Envato Market
  • Elite Author: Sold more than $75,000 on Envato Market
+5 more
refaktor
says




Seems to be working fine other than the fact that it is not giving me an accurate sales count for today. I’ll report back if it starts being accurate tomorrow.
Today sales/earnings are calculated for Australian timezone. We plan to add custom timezone settings in the future.
Its still not functioning correctly though. I’ve had a couple sales today, including one just a couple minutes ago which I received a push notification for, but my total for the day still says 0.
Check statement screen if you see all sales.

All the other statement screens are working, just not “today” for either earnings or sales. I’ve restarted the app a couple times and its still not working properly.

100 posts
  • Has referred 200+ members
  • Has sold $250,000+ on Envato Market
  • Has collected 10+ items on Envato Market
  • Elite Author: Sold more than $75,000 on Envato Market
+5 more
refaktor
says


Seems to be working fine other than the fact that it is not giving me an accurate sales count for today. I’ll report back if it starts being accurate tomorrow.
Today sales/earnings are calculated for Australian timezone. We plan to add custom timezone settings in the future.

Its still not functioning correctly though. I’ve had a couple sales today, including one just a couple minutes ago which I received a push notification for, but my total for the day still says 0.

100 posts
  • Has referred 200+ members
  • Has sold $250,000+ on Envato Market
  • Has collected 10+ items on Envato Market
  • Elite Author: Sold more than $75,000 on Envato Market
+5 more
refaktor
says

Seems to be working fine other than the fact that it is not giving me an accurate sales count for today. I’ll report back if it starts being accurate tomorrow.

100 posts
  • Has referred 200+ members
  • Has sold $250,000+ on Envato Market
  • Has collected 10+ items on Envato Market
  • Elite Author: Sold more than $75,000 on Envato Market
+5 more
refaktor
says

Another positive review for DigitalOcean from me. I switched a couple months ago and couldn’t be happier.

100 posts
  • Has referred 200+ members
  • Has sold $250,000+ on Envato Market
  • Has collected 10+ items on Envato Market
  • Elite Author: Sold more than $75,000 on Envato Market
+5 more
refaktor
says

Glad to hear this won’t go into effect on Dec 1 given that you won’t be outlining the plan until the beginning of November.

100 posts
  • Has referred 200+ members
  • Has sold $250,000+ on Envato Market
  • Has collected 10+ items on Envato Market
  • Elite Author: Sold more than $75,000 on Envato Market
+5 more
refaktor
says

Here’s a question: if this author fee is something we’re paying to Envato, are we going to get a receipt every month? It’s kind of difficult to write something off if you don’t have a receipt for it.

100 posts
  • Has referred 200+ members
  • Has sold $250,000+ on Envato Market
  • Has collected 10+ items on Envato Market
  • Elite Author: Sold more than $75,000 on Envato Market
+5 more
refaktor
says

Some people have brought up a good point that I didn’t really touch on with my last post. My tax advisor did say that this move by Envato is likely to increase my audit risk. She recommended that rather than issuing partner withdrawals via ThemeForest that I instead withdraw all earnings and pay my partners out myself. This makes it a bit easier to show money coming in/going out.

I keep pretty decent records of my business expenses so I would be ready for an audit but as a couple people have pointed out it is not an enjoyable experience and I would not like to have to go through one unnecessarily.

100 posts
  • Has referred 200+ members
  • Has sold $250,000+ on Envato Market
  • Has collected 10+ items on Envato Market
  • Elite Author: Sold more than $75,000 on Envato Market
+5 more
refaktor
says

I, like many of you, were concerned about this news. I have been properly paying taxes on my ThemeForest income since I became an author two years ago, but I did not understand the implications of Envato reporting my total earnings to the IRS when I pay out a portion of that to various partners.

I met with a tax consultant yesterday who reaffirmed that I (the taxpayer) am the one who determines how much income I am declaring and paying taxes on. As long as I am able to prove that any money being paid to my partners is indeed being paid out to someone other than myself there is nothing to worry about and I can continue doing things as I have been doing them.

The bottom line here is that if you’re unsure of how this impacts you, go talk to somebody who understands US tax law and find out if you’re doing the right thing.

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