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.
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.
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.
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.
You haven’t answered a simple question that several authors (and now myself) have asked. I primarily work with partners and nearly half my earnings are withdrawn to them. I never see a dime of that money. Will Envato be reporting all earnings to the IRS or just what each author specifies as what they have earned?Please answer this, because as ThemeBoutique pointed out there is no way that we can deduct that much money as a “business expense”.
Nevermind you did. For anyone else who missed http://themeforest.net/forums/thread/important-information-for-us-authors/144314?page=4#1131927
You haven’t answered a simple question that several authors (and now myself) have asked. I primarily work with partners and nearly half my earnings are withdrawn to them. I never see a dime of that money. Will Envato be reporting all earnings to the IRS or just what each author specifies as what they have earned?
Please answer this, because as ThemeBoutique pointed out there is no way that we can deduct that much money as a “business expense”.
Purchased this because SalesDonkey stopped working for me.Pretty much what refaktor said + the “Elite Status” tab in my opinion is completely useless. With some more work could be a nice app though.I really like the look.
Ah yes I forgot about that, yes totally useless. I agree the app has potential but I won’t be using it until they fix the issues.
I decided to give the app a whirl as GreenPaw has been buggy lately and doesn’t have push. So far the app doesn’t seem to be working well at all. Doesn’t auto-refresh and push notifications are not working. Not sure if its an API thing but so far I’m not impressed. Would not recommend.
Imagine you cannot have holiday with your kids/parents/friends because you MUST reply within 72 hours. When you’re employed you can have a vocation. But here you MUST reply within 72 hours – no leave of absence. Not cool right?
I already do that and I find it common sense. People spent money to buy my code (they worked for that money too!), so it’s my moral duty to offer support ANYTIME (forced or not by the Envato rules). It’s true, I am not a power elite author, so I don’t have so many support requests in a day….but if I will ever be an elite author, I will have the same attitude.
I remember this January…first day of the year…. In my country it was one hour after the New Year’s Eve and I received an email from a buyer. The email was marked as important, I answered immediately. Then we debugged his website for more than 3 hours, together, I even made some customizations he wanted. I was happy when he was happy in the morning. Of course, I could have told him that it’s the New Year’s Eve and I’m not available for freelancing, right?
Last Christmas? The same. I was on holiday, with my kid and my husband, we were visiting our parents. I went in another room and answered support requests from my tablet and phone.
I even bought recently a laptop to be able to answer and to be “connected” anytime, from anywhere.
It’s a personal choice how much time you want to invest in your personal business here on Envato market.
After all, working here it’s somehow like working in a real company in the real life. You don’t like the conditions, the rules, the environment, you are free to choose another place to work that suits you more.
Some people call it support. I call it responsibility.LATER EDIT: I hope that my post here will not lead to negative ratings&comments from anonymous authors who are against the mandatory support. It wouldn’t be fair.
That is your choice though, and that is the root of the issue here. We should be left to decide for ourselves what our own policies are regarding customer service and support. How would you feel if the tables were turned and Envato was instituting a policy forbidding you from offering the kind of support you currently do. What if they told you that you could only reply to support requests after 5 days of being posted? We all choose to interact and deal with customers in our own way and we should be allowed to continue doing so.
Maybe it’s time know who those:
stewboon quote: “We worked with a number of our elite authors (including data from their support systems) to understand all of the data points you mentioned in coming up with this plan.”Most the elite and power elite authors have already posted their thoughts regarding upcoming changes.
Purely logical and true.
Can anyone (with authority) shed some light on this if it is possible?
+1 I think everyone here would like to see some transparency on this matter.