Get the Esports Accounting &

Financial Advisory Services you need

You may not think of yourself as being a business, but you are!  

 

If you’re earning money through competitive Esports, we offer a Done for You package that includes your bookkeeping, accounting and profitability services you will need to manage your daily finances and long-term wealth, taking full advantage of the financial freedom that your winnings provide.  We also offer additional A la carte services that you can add to your package. 

We only work with Esports players and streamers based in the USA.

Bookkeeping & Accounting

Accurate bookkeeping and accounting services are vital to the success of an eSports entrepreneur.  We will build and customize a QuickBooks Online accounting system that address the specialized requirements of your Esports business including 24/7 access to financial records.  We can manage your cash flow and bill payments to help simplify your daily finances, making sure you have the cash flow you need.  We will establish a chart of accounts, reconcile entries, issue financial statements and much more. This assures that every detail of your company is accounted for, so you can focus on what matters most, playing the game.

Our team offers the following Esports accounting services, among others:

  • Timely and accurate financial data records

  • Create and streamline your data gathering and organization process

  • Manage accounts payable and receivable

  • Online Bill Payments

  • Process bank and credit card feed transactions

  • Monthly bank and credit card account reconciliations

  • Chart of Account maintenance

  • Enter journal entries as needed

  • Generate financial reports

  • Earnings Tracking

  • Cash Flow Analysis

  • Strategic Tax Planning

  • Wealth Management

  • Major Asset Purchases

  • Investment Oversight

Our team of eSports advisors are dedicated to providing gamers with the most accurate, comprehensive financial strategy regarding their eSports career.  By analyzing financial statements, savings accounts, and retirement accounts, our trusted financial advisors are able to help create a road map for your eSports career.   “Their forms of income are extremely different from almost any other profession. So, you must gain an understanding of how they are making their money. Additionally, because there are many young players, most are between 12-30 years old, they don’t understand personal finances that well or need someone to aide them through the process. Along with that, comes understanding sponsorships and team signings.”

“I’m making money… but where the heck did it go?”

Believe me I get it. Regardless of how much money you are making, at the end of the day if there isn’t much money left in your bank accounts… it can make you feel frustrated.  Maybe you feel like you need to be saved from your foolish spending?  Or that you need help saving money so that you can become financially secure?  Do you want to create your own destiny?

We will implement and maintain the Profit First Model in your business.  This will allow you to:

  • Keep more of the money you are making

  • Not have to worry about where you will find the money to make the next tax payment

  • Plan for family vacations

  • Enable you to put money into investments like retirement plans or your kids college funds

  • Let you know what you should and should-not be spending money on

  • Build a habit around the flow of money and so much more!

 

It helps you to create the HABIT of putting profit first (literally) and feeling empowered by my money

instead of owned by it.

 

You NEED to implement Profit First to have a healthy business!

A la carte services

We have established partnerships with people who specialize in:

  • Filing Yearly Federal Taxes:  our partners will file your taxes in a way that is the most beneficial for your personal situation.

  • International Taxes

  • Strategic Tax Planning

  • Wealth Management

  • Investments

  • Sports Lawyers: player contracts, sponsorships, licensing & merchandising, etc.

 

 

So that we can offer you a complete, one stop place for all of your Accounting and Financial Service needs.

Want more info?  Have questions?

Join us for a FREE 20 minute group Q & A session.  Bring your questions about QuickBooks Online, bookkeeping, accounting (no tax questions), how to use Profit First to plan for your future and more!!  You could also meet others in your industry.

This is ONLY available to Esports players and streamers based in the USA.

You Earned It - Don't Loose It

We enable Esports players to be financially organised so they meet their day to day financial and compliance obligations while building a valuable business that can create personal prosperity.

We are here to help you make the best decisions for your daily financial needs, as well as provide long-term management for your wealth and financial goals.

Whether your game of choice is World of Warcraft, Fortnite, League of Legends, or Call of Duty, our eSports team is ready to help you with all of your needs. If you would like to discuss your specific needs or learn more about our services, please do not hesitate to get in touch with us today.

Tax Planning & Minimization

 

For regular W2 employees, tax planning and preparation are fairly simple tasks. For eSports players, on the other hand, it can be quite a bit more complex. For instance, if your income is derived from some combination of monthly contracts, sponsorship agreements, performance fees, and winning bonuses, it can be pretty tricky to figure out exactly how much tax you should be paying and who you should be paying it to.  Game companies, eSports teams, and gaming platforms can face a multitude of complex tax issues in the age of post-Wayfair for state taxation, state marketplace rules for virtual income tax nexus (e.g., California), evolving global tax guidance on the relation to nexus and allocating income from intangible property, and growing aggression from tax authorities around the world seeking a share of revenue from such property. All of these issues can impact eSports and on-line game tax concerns, especially around: i) in-app or in-game sales/fees; ii) application of the foreign-derived intangible income (FDII) deduction for US C-corporations that generate income from serving foreign markets; and iii) various outbound payments to non-US persons and entities.  Personal financial affairs and business matters constantly cross over.  We address all the issues that are critical to your personal wealth including asset management and protection, business structures, tax planning and SMSF.

Luckily, our team of esports tax specialists has the knowledge and experience to help you find the answers that you need. Our partner

eSports CPA's will help you prepare accurate tax returns with all of the necessary tax authorities - on the state and federal levels. Paying taxes might be a fact of life, but there is absolutely no reason why you should ever need to pay more tax than you absolutely have to. 

Our partner eSports CPAs know tax legislation like the back of their hand. They know exactly where to look to find techniques for minimizing tax payments. For some gamers, the solution may be as simple as identifying deductions that can be used to reduce taxable income. For others, a more intensive tax planning process may be necessary. One thing is sure though - when you work with our seasoned eSports bookkeepers and tax specialists, you will not pay more than your fair share of taxes.

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