If your losses exceed your gains, you can use up to $3,000 of excess loss to wipe out other income.Īct before December 31 to increase your tax breaks You can sell losing investments before the end of the year to offset any taxable gains you have realized during the year-a strategy known as tax loss harvesting.To lower your tax bill, you can accelerate deductions by paying deductible expenses or making contributions to tax-deferred retirement accounts or charities by the end of the tax year.If possible, you should accelerate it so you can pay tax on it in a lower bracket. If you expect to be in a higher tax bracket next year, don’t defer income.To avoid paying taxes in the near term on certain income-bonuses, self-employment billings, or capital gains-defer taking them until the end of tax year, if you can.Ironically, PlayStation last week announced it had bought Firesprite, the now 250-person Liverpudlian team made up of many former members of Sony Liverpool, returning them back into the company which previously shut them down. The first WipEout launched in 1995 for the original PlayStation, and its cool fast-paced gameplay and pumping dance music soundtrack helped define the PlayStation brand.īack in 2012, Eurogamer reported that Sony Liverpool had been working on a new WipEout game for PS4 at the time of its demise.

The original WipEout series was the work of the much-missed Studio Liverpool, which Sony shut down in 2012. The game also includes a comic book-style story and runs at up to 60fps. WipEout fans will likely spot returning tracks and ships in the trailer above. 'We hope fans will come to it with an open mind because - although different - we're proud to bring the wipEout franchise back into focus with a fresh take on the formula.' 'But at the same time, we're delighted that we could rethink wipEout for mobile with some fun new play mechanics and gorgeous visuals. 'If I want that visceral, immersive, intense racing experience, I'll find it waiting on PlayStation,' Casamassina said. IGN has the exclusive on the game's reveal today: WipEout Rush is developed by Rogue Games, a studio set up by former IGN journalist and co-founder Matt Casamassina.

It will feature 'unique card-based racing' and a single-player campaign. The debut trailer, below, clearly shows PlayStation's trademark at the end. Yes, this is an official WipEout game - at least in name, anyway. WipEout Rush is a new game in PlayStation's legendary racing series - coming to iPhone and Android in early 2022.

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