Esports and Content Creators

• When you have enough followers or subscribers to start making consistent income.
• When your affiliate income or ad revenue is more than a few grand a month.
• Anytime you win a tournament that is at least Tier 2.

Gaming PCs and equipment, travel expenses to tournaments or business-related events and conferences, software expenses, camera equipment, home office expenses, internet, and many others!

We go through a full analysis of your current expense structure and how you are set up to determine where we can get the most bang for your buck.

If you earn income in different states, you may need to file separate tax returns for each state depending on their respective regulations. This can be complex, so it is advisable to work with a tax professional who can ensure compliance and avoid double taxation.

If you’re selling merchandise or digital products, you may need to register for sales tax in the states where your customers are located. Sales tax requirements vary by state, so it’s essential to consult with a professional or use sales tax software to stay compliant.

Yes, all income, including tournament winnings and sponsorships, are taxable. Whether you’re a full-time professional or a casual player, you must report all earnings on your tax return.

International winnings can be subject to tax both in the country where you won the prize and in your home country. It’s important to understand tax treaties and avoid double taxation by claiming foreign tax credits where applicable.

Outsourced Accounting is a step up from basic Bookkeeping services. We start by analyzing the People involved in your accounting function, the Process they go through each month and the technology/tools (also called Platforms) they used to get the job done. If these are not well defined or in place, then we work with you to get the entire accounting function operating at a standard you should expect as a business owner. In most of our engagements, Dark Horse operates as their entire outsourced accounting function.

Think of bookkeeping as the foundation – the accurate recording of your financial transactions (payments, invoices, etc.). It's essential for capturing your financial history.

Outsourced accounting builds upon that foundation. We take over the ongoing tasks and processes involved in managing your finances, including:

Accounts Payable & Receivable: We handle paying your bills, collecting payments from customers, and managing outstanding balances.

Payroll Processing: We ensure your employees are paid accurately and on time, handling payroll taxes and filings.

Systems Integration: We connect your accounting software to other applications and systems you use in your business for seamless data flow and efficiency.

Credit Card & Expense Management: We streamline expense tracking with credit card integrations and clear expense reporting procedures.

Dark Horse CPAs act as your virtual accounting department, but with a distinct advantage: we're technology experts. We stay current on the latest accounting software and tools, constantly evaluating the market for the best solutions to fit your needs.

Our strong relationships with leading technology providers give you direct access to their support, ensuring any questions or issues are addressed quickly.

This combined expertise in accounting processes and technology allows us to not only manage your day-to-day finances but also optimize your systems and processes for superior efficiency and financial insights.

• Scalable Expertise: An in-house accountant might have a strong grasp of bookkeeping but may lack expertise in areas like complex tax situations or advanced reporting. With Dark Horse, you tap into a team of CPAs with diverse specializations and experience across various industries. Our support can scale as your business needs evolve.
• Technology Advantage: We act as your virtual accounting department AND your technology advisors.We're constantly evaluating the best accounting software and tools for your specific business, ensuring optimal efficiency and automation. Our close relationships with industry-leading tech providers give you direct access to their expertise and support.
• Cost-Efficiency: When you factor in salary, benefits, software licenses, and the potential for turnover, hiring an in-house accountant can be significantly more expensive. Outsourcing offers a predictable monthly cost and eliminates additional overhead burdens.