Accounting and Tax
Introduction to Pass-Through Entities
By Matt Cohen on January 9, 2025
Pass-through entities are business structures that allow income to “pass through” the company directly to the owners or shareholders for tax purposes. The three main types of pass-through entities are […]
Accounting and Tax
What Does OnlyFans Say on a Tax Return? Avoid Pitfalls!
By Matt Cohen on January 6, 2025
When you’re earning money as an OnlyFans creator, it’s not just about making content and engaging with your audience; it’s also about managing your finances. One of the most critical […]
Accounting and Tax
Does OnlyFans Track Taxes? Essential Tips for Creators
By Matt Cohen on January 6, 2025
If you’re an OnlyFans creator, you’ve probably wondered, “Does OnlyFans track taxes?” Understanding how taxes apply to your earnings is a critical part of managing your growing business. Whether you’re […]
Accounting and Tax
Ultimate Self-Employed Tax Calculator for OnlyFans Success
By Matt Cohen on January 6, 2025
As an OnlyFans creator, understanding self-employment taxes is essential to managing your income and avoiding surprises during tax season. This comprehensive guide will walk you through everything you need to […]
Accounting and Tax
Federal Unemployment Quarterly Filing: Crucial Tax Tips for OnlyFans Creators
By Matt Cohen on January 6, 2025
Navigating taxes as an OnlyFans creator can feel overwhelming, especially when it comes to understanding federal unemployment quarterly filing requirements. This comprehensive guide will break everything down in simple terms, […]
Accounting and Tax
Tax and Compliance: Essential Tips for OnlyFans Creators
By Matt Cohen on January 6, 2025
As an OnlyFans creator, you know that managing your income and expenses is vital to growing your business. However, the topic of taxes often feels overwhelming, confusing, and even intimidating […]
Accounting and Tax
How Much Does the IRS Spend on Tax Audits? OnlyFans Tips!
By Matt Cohen on January 6, 2025
For OnlyFans creators, understanding the tax implications of your business is essential. IRS audits play a crucial role in ensuring tax compliance and can help fund government programs. One key […]
Accounting and Tax
Top Tax Write Offs LLC: Smart Tips for OnlyFans Success
By Matt Cohen on January 6, 2025
Running an OnlyFans business can be lucrative, but managing taxes can feel overwhelming. Understanding what “tax write offs LLC” you’re eligible for as an LLC owner is critical for reducing […]
Accounting and Tax
Audit vs Tax: Crucial Tips for OnlyFans Creators to Succeed
By Matt Cohen on January 6, 2025
Navigating taxes as an OnlyFans creator can feel overwhelming, especially when terms like “audit” and “tax” are thrown around. However, understanding the difference and staying compliant can help you avoid […]
Accounting and Tax
Tax Advantages of LLC: Boost Profits & Avoid Costly Mistakes
By Matt Cohen on January 6, 2025
Tax Advantages of LLC: Boost Profits & Avoid Costly Mistakes As an OnlyFans creator, managing your taxes efficiently can significantly impact your profits. Forming a Limited Liability Company (LLC) offers […]