Rillaboom Gigantamax Raid Day is tomorrow. If you are buying the ticket or spending PokéCoins to prep, and you are creating content about it, that's a business expense. Screenshot your purchases. Document the date. Save the receipts. Your Raid Day, just became a tax deduction!
Flying to Worlds?
If you're a business: flights, hotel, and meals are deductible.
If you're a hobby: you're just on vacation according to the IRS.
Same trip. Completely different tax treatment.
The distinction matters more than your placement. 🧾
https://t.co/pnmGoYn4IF
PSA for anyone who flipped a Times Square Mewtwo on eBay, you received it for free. That means your cost basis is $0. That means if you sold it for $10,000, that's $10,000 in taxable income. All of it. The IRS doesn't care how rare the background is. 👀 😏🤣😂
Net $50K from your Pokémon hustle?
The 20% QBI deduction could save you $1,400–$2,200 in federal taxes. That's enough PokeCoins for Mega Mewtwo Y on Sunday!
The One Big Beautiful Bill made it permanent. ⚡
DM me "QBI" and I'll show you if you qualify.
For Pokémon GO that looks like: "Raid Hour, Riverside Park, 7/23/26, content creation for YouTube channel."
That's it. Simple, but you have to actually do it. DM me if you have questions.
The IRS just bumped the standard mileage rate to 76 cents per mile, first mid-year change since 2022.
I was out during Raid Hour last night chasing shiny Solgaleo and it hit me. If you're a Pokémon GO content creator, those miles count.
Document them. It adds up.
Quick note: this only works if you're operating as a business in the IRS' eyes AND keeping a mileage log.
The IRS requires: where you went, when you went, and why it was business related.
@TCGplayer Friendly reminder from your Gym Leader CPA, if you're selling these at market value, the IRS wants to know about it.
Card sales can be taxed as ordinary income or capital gains depending on how long you held them & how you're organized.
Know the difference before you sell. 💰⚡
Most Pokémon competitors don't know the IRS has a rule that can wipe out all their deductions.
I made a video breaking it down.
👇
https://t.co/pnmGoYn4IF
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.
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.
This past week everyone dug their Kabuto out from storage units, closets, bulk bins, etc and sold them. New listings were at record highs. Once those get purchased…where is the next wave of listings coming from?
Going to get very interesting…
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
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
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