article thumbnail

Three Ways Game Developers Can Claim R&D Tax Credits

Shay CPA

Developing a game isn’t cheap. Even if you have a team of 3D modeling pros with lots of programming experience and heaps of creativity, the hours you’ll all dump into building your game are hours people expect to be paid. Ultimately, by the time your new game hits the market, it represents a serious investment.

Gaming 52
article thumbnail

Bloomberg Tax & Accounting Unveils Next Generation Suite of Integrated Solutions, Revolutionizing the Corporate Tax Process

CPA Practice

Bloomberg Tax & Accounting’s suite of solutions includes its best-in-class research product and innovative software solutions including Bloomberg Tax Provision and Bloomberg Tax Fixed Assets.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Ohtani scandal: A look into the IRS investigation

ThomsonReuters

Newsletter Top Reads – Tax Professionals Join us each month as we explore the role and impact of AI on tax, accounting, and audit professionals. As fans and stakeholders, we must demand transparency and accountability to preserve the integrity of the games we love.

Gambling 105
article thumbnail

State CPA Society News & Updates

CPA Practice

Nevada: The Nevada Society of Certified Public Accountants (NVCPA) announced several upcoming events including the 2023 Annual Gaming Conference , which is scheduled to take place May 16 and 17, 2023. Texas: The Texas Society of Certified Public Accountants (TXCPA) has stated its legislative priorities for the 2023 session.

CPA 124
article thumbnail

Avalara Promises 100 More Jobs at North Carolina Office

CPA Practice

In 2018, the Supreme Court decided state governments could begin to tax online retailers, ushering in more tax laws and a greater interest in software like Avalara’s, which enables businesses to automate much of their tax accounting and collection. Today, Avalara’s client list includes Zillow, Groupon and Comcast.

article thumbnail

IRS Looks for Its Share of Cryptocurrency and NFT Growth

Withum

Most tax accountants would not be described as “hip” and many struggle to be considered “tech savvy”. billion was related to NFT gaming. Let’s be honest. Even so, some of their clients’ needs are forcing them into a new world surrounding the exchange of digital assets. . NFT sales volume totaled $24.9 billion, of which $4.8

Gaming 124
article thumbnail

Whittier 911 Urgent accounting help

MyIRSRelief

An accountant, EA or CPA will be able to analyze your business practices to be able to get a better handle on things for you. They can access the actual condition of your business financially and help you come up with a good game plan to maximize your profits. The cost associated with using outsourcing can be pretty low.

Account 130