LavenderTownAccounting
@LavTownAcct
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We are a digital accounting firm, helping Pokemon Content Creators, Competitors, and Resellers, navigate US Income Tax and Accounting Support!
Lavender Town, Kanto
Joined October 2024
The mailbox rule didn’t change, but how USPS applies postmarks did. That distinction matters.
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New video is live 🎥 A USPS postmark change in late 2025 means mailing tax payments at the deadline can be riskier than most people realize. Especially if you’re self-employed or earning from Pokémon content.
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Back in the lab 🧪🎮 New year = tax season for Pokémon Go trainers, creators, and sellers. We’re dropping short videos on how taxes actually work so you can keep more of what you earn. Subscribe and stay ahead this season.
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Just a reminder to all Trainers who pay US taxes, a tax refund is an interest free loan to the government. At Lavender Town Accounting our goal for you is to pay as close to zero when you file or have your refund be as close to zero as possible! #Pokemon
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Big congrats to Kabuto King! He was able to raise a whooping $51k for St Jude! Love to see it! #pokemon #kabutoking $kabuto
Kabuto King is making waves with his collection and giving back with the sale of his autographed 1st Edition Fossil Kabuto. Is there a tax issue lurking in the future though? 📼 See below for the video! #pokemon #kabutoking #pokemontcg #kabuto #lavendertownaccounting
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Kabuto King is making waves with his collection and giving back with the sale of his autographed 1st Edition Fossil Kabuto. Is there a tax issue lurking in the future though? 📼 See below for the video! #pokemon #kabutoking #pokemontcg #kabuto #lavendertownaccounting
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Kicking off this US tax season with a State and Local Income Tax (SALT) update class!
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12/ Like, retweet, and share this thread with your fellow content creators! Let’s make tax season easier for everyone! 🧾✨ #TaxTips #ContentCreatorBusiness #1099NEC #Pokemon #pokemontcg #PokemonTCGPocket #PokemonGO #pokemonvcg
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11/ Need Help? If you’re unsure about the process or have multiple contractors, consult with us! Staying tax-compliant keeps your content creation business thriving!
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10/ Why Does This Matter? Sending a 1099-NEC is a legal obligation for businesses. It also ensures your contractors can properly report their income and keeps you in good standing with the IRS.
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9/ Tips for Staying Organized: • Keep track of all payments to freelancers throughout the year. • Use accounting software or spreadsheets to log amounts and payment methods. • Always request a completed W-9 before making any payments.
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8/ Penalties for Missing 1099 Deadlines: The IRS charges penalties for late or incorrect filings, ranging from $50 to $290 per form, depending on how late you are. Don’t wait until the last minute!
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7/ Deadlines to Remember: • January 31: Send the 1099-NEC to your freelancers and file it with the IRS. • Use e-filing tools like Tax1099, Track1099, or QuickBooks to make this process simple.
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6/ What You Need to Issue a 1099-NEC: •W-9 Form: Before paying a freelancer, ask them to fill out a W-9 to provide their name, address, and Tax ID (SSN or EIN) •Your own business info, including your EIN or SSN •The total amount you paid the contractor during the year
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5/ When Do You Not Issue a 1099-NEC? •Payments made via third-party platforms like PayPal, Venmo (business accounts), or credit cards are typically reported by those platforms. •If you paid someone less than $600, you don’t need to send one (but keep records anyway!).
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4/ Common Examples for Content Creators: • Paying an editor $1,000 to edit your YouTube videos. • Hiring a designer for $800 to create your merch or logo. • A freelance manager who handles your Pokémon event planning.
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3/ Who Needs to Receive a 1099-NEC? You must send one if ALL these apply: • You paid someone $600+ in a year. • The person is not your employee. • You paid them via cash, check, or direct deposit (NOT via PayPal, Venmo, etc.).
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