Tax Tips for Content Creators: Top Write-Offs to Boost Your Bottom Line
It’s not too late to get an extension or amend your taxes to benefit from reporting these expenses
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Today is Tax Day in the United States. It’s the deadline to file tax returns.
Ideally, if you are a US resident or citizen, you would have already filed by now, have gotten an extension or are hurredly scrambling to get it done by tonight’s midnight deadline.
Irrespective of where you are in the above category, if you are a social media influencer, performer, blogger, or other online content creator, you’re responsible for reporting the income you receive from your online activities.
Even if you are a part time creator, and you have a full time job that pays your bills, you are considered self-employed or an independent contractor by the brands, influencer platforms and social media platforms that pay you in creator rewards.
You won’t receive a W-2 from the companies that sponsor you. Instead, you’ll…