by Gordon McAlpin
Diddo to Shawns comment.
I cannot wait to have Multiplex in my hands. :)
Hopefully everything works out so you don't have to pay income taxes on that. I am happy for your good news and love the way you have priced this out. Connect with Fans + Give a reason to buy just about always equals success. I am so happy you have a printed book coming out and can't wait to see it.
Paul's right. To be honest, I don't understand what the exact reasoning is at this point — we just had a short conversation on the phone in order to set up a longer meeting — but he's the CPA; I'm not.
He probably means that the bulk of the funds are for material costs in producing the book and are therefore excluded from his income.
I don't understand. You're accountant says that the Kickstarter funding won't count as taxable income, but I'm not seeing the reason why?
Is it because the money is being pledged/donated? Because you're technically not returning goods for payment?