Tax News & Updates

Preparing for tax season as a social media influencer can be frustrating and confusing. This business introduces some unique tax challenges that need to be handled, challenges that most people working as employees (with a W-2) never even have to consider. Adding into the mix, having to constantly put out content and juggle other daily…
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Tax season is always stressful (especially for new taxpayers) but becomes much easier to manage with a bit of preparation. Sure, it’s easy to get overwhelmed by all the paperwork and the complexity of the US tax code. But by getting your “ducks in a row” early on and working with experienced tax preparation experts…
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There aren’t a lot of people in the country that get excited about tax season rolling around – even if you expect to get a refund from the IRS! Always filled with stress, frustration, and at least a little bit of anxiety, tackling taxes is never a walk in the park. With the help of…
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COVID-19 Relief Payments and Benefits Navigating tax season this year is a little more complex because of the economic relief stimulus payments and unemployment benefits that millions of Americans received in 2020. There’s a lot of uncertainty about how the tax implications those payments are going to have (if any) on Americans getting ready to…
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Phones and Phone Accessories The US tax code allows businesses to write off and expense the technology they use to conduct business, and the overwhelming majority of influencers are using their phone for work – many of them even using it as a digital “base of operations” to run their whole influencer empire. Clothing, Accessories,…
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Basic SAG-AFTRA Requirements The idea of someone making any money on social media – let alone creating a legitimate career or business as a “social media influencer” – would have been thought to be almost impossible even just five or six years ago. Today, however, influencers all over the country (and all over the world)…
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