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I Just Hit $100k/year On GitHub Sponsors

calebporzio.com

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Re: I Just Hit $100k/year On GitHub Sponsors

#271

Post by jermaustin1 »

hanniabu wrote: post #262
jermaustin1 wrote: post #230

Earlier quoted context omitted.

This advice is invaluable. I only pay my accountant around $2000 to handle a bunch of housekeeping at the end of the year that I'm to lazy to do during, and to file my taxes. For years I did my own taxes using Turbo Tax Self Employed and Turbo Tax Business Editions, but in 2016 I decided to outsource all of that headache, the first year, my taxes were half of what they were the year before with similar income. Then a…

Any advice on how to hire a good accountant vs one that just talk so they can charge a lot?

I actually don't. I lucked into mine, he's the brother of a business partner.

Almost every accountant out there will be better than an H&R Block or Turbo Tax.

Re: I Just Hit $100k/year On GitHub Sponsors

#273

Post by Kaze404 »

k33n wrote: post #181
rocgf wrote: post #162

Earlier quoted context omitted.

It's really incredible how much the hatred for 'socialism' goes in certain circles.

Even more incredible are the lengths certain types of folks will go to defend these policies even when faced with very real examples of the negative consequences of ceding liberty in return for the state to "take care of you".

Don't worry, people do the same thing to defend the capitalist dystopia we currently live in.

Re: I Just Hit $100k/year On GitHub Sponsors

#274

Post by tylerhou »

yason wrote: post #241
Ndymium wrote: post #132

Reading these makes me sad about the law in my country, Finland. The lowest tier of OP ($7 for no reward) would be illegal here. We have a law called "Money Collection act", which states that to gather donations (i.e. payments with nothing in return), you have to get a permit. This permit costs money, is not given to individuals, and is given only for non-profit activities. So this means that if you see a donation/sp…

Interestingly, while you can't be donated money in Finland people can certainly and rather freely give gifts to another person. It's even tax-free as long as gifts from one person remain under 4000€ for any consecutive three years. Surely gettings lots of monetary gifts from foreign friends would probably not hold during a tax audit (they'd accuse you of trying to evade taxes unless you could provide a plausible reas…

(Not saying one country is better than the other but) in the US, there are no taxes on gifts until you gift more than $11 million in your life. If you go above $15,000 in any calendar year, you do have to notify the government, though.

Re: I Just Hit $100k/year On GitHub Sponsors

#275

Post by rcfox »

koheripbal wrote: post #252
StevenRayOrr wrote: post #115

Earlier quoted context omitted.

> Success is more random than we'd like to believe, and there is a risk when failure leads to victim blaming. An excellent sentiment, if less common these days than it should be. Reminds me of a quotation from Chapter XXV[0] of Machiavelli's The Prince : "Nevertheless, not to extinguish our free will, I hold it to be true that Fortune is the arbiter of one-half of our actions, but that she still leaves us to direct t…

Over the course of an entire lifetime, the random good vs bad luck tend to wash out and people usually end their lives financially roughly in line with their capabilities. - my personal opinion and experience.

This is one of those things only people who have had way more good luck than bad could say.

Re: I Just Hit $100k/year On GitHub Sponsors

#276

Post by rorykoehler »

Ndymium wrote: post #132

Reading these makes me sad about the law in my country, Finland. The lowest tier of OP ($7 for no reward) would be illegal here. We have a law called "Money Collection act", which states that to gather donations (i.e. payments with nothing in return), you have to get a permit. This permit costs money, is not given to individuals, and is given only for non-profit activities. So this means that if you see a donation/sp…

I'll sell you a pixel for $10

Re: I Just Hit $100k/year On GitHub Sponsors

#277

Post by wnevets »

claudeganon wrote: post #178
_bxg1 wrote: post #170

Earlier quoted context omitted.

That's a strange law. I assume it serves some purpose (or must have served one when it was introduced, at least). What's the argument for it?

The US has a lot of charity scams and dubious NPOs collecting cash. There’s news about fraudulent GoFundMe’s pretty regularly, for example. Finland is probably too far the opposite direction, but the whole sector could use a lot more scrutiny over here.

It seems like a lot of charities in the US are just a way for the wealthy to avoid paying taxes or for the founders to become wealthy

Re: I Just Hit $100k/year On GitHub Sponsors

#278

Post by arduinomancer »

sytelus wrote: post #249

I hate sponsorware concept OP is proposing. It seems to work for him but it’s opposite to the spirit of open source. His idea is that keep code secret until you find N sponsors. Further, he will hide important tutorials if you are not sponsor. I would hate to use this kind of open source project. Here is more viable freelancing: - create framework/library that everyone needs - for feature requests/bug fixes, prioriti…

Do you have an example of that actually working for someone?

Re: I Just Hit $100k/year On GitHub Sponsors

#279

Post by Erlich_Bachman »

virgilp wrote: post #235
notwhereyouare wrote: post #232

Earlier quoted context omitted.

tax reporting most likely

I mean, yes you need to report revenues, but... do you need a company for that? Do e.g. all Finnish photographers on Shutterstock have a company, in order to receive payments?

Yes, if you sell things (or electronic things), in any meaningful amount (no one will care for 200$ per year though), you have to set up a company or a sole proprietorship. It is like this in most western countries. The activity that you are doing in that case is called business, and of course you need to have a company or a similar business structure (like sole proprietorship) to do business.

Whether all people do it or not is another question, but that is what is required by the law.

Re: I Just Hit $100k/year On GitHub Sponsors

#280

Post by tylerhou »

sytelus wrote: post #249

I hate sponsorware concept OP is proposing. It seems to work for him but it’s opposite to the spirit of open source. His idea is that keep code secret until you find N sponsors. Further, he will hide important tutorials if you are not sponsor. I would hate to use this kind of open source project. Here is more viable freelancing: - create framework/library that everyone needs - for feature requests/bug fixes, prioriti…

> - for feature requests/bug fixes, prioritize sponsors

Isn't this equivalent to "keep code secret until someone sponsors you?" Except in his case, the work is done before you're sponsored, and in yours, the work is done after?

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