Matt Cohen

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Accounting and Tax

Schedule C Instructions: Avoid Mistakes on OnlyFans Taxes

By Matt Cohen on March 4, 2025

If you’re an OnlyFans creator, you’re technically a self-employed individual in the eyes of the IRS. That means you need to file Schedule C (Form 1040) to report your business […]

Accounting and Tax

Unlock Benefits: 2025 Tax Changes for OnlyFans Creators

By Matt Cohen on March 4, 2025

Taxes might not be the most exciting topic, but if you’re an OnlyFans creator, the 2025 tax changes are something you need to pay attention to. Whether you’re making a […]

Accounting and Tax

1040-X Tax Mistake: Urgent Fix for OnlyFans Creators

By Matt Cohen on March 4, 2025

As an OnlyFans creator, you’re not just posting content, you’re running a business. That means tax compliance is a big deal, and mistakes happen. If you’ve realized you made an […]

Accounting and Tax

How OnlyFans Can Avoid Penalty for Not Filing LLC Tax Return

By Matt Cohen on March 4, 2025

The penalty for not filing LLC tax return can be costly, especially for OnlyFans creators running a profitable business. With that income comes tax obligations, and if you operate under […]

Accounting and Tax

How Can I File Back Taxes? OnlyFans Creators’ Best Guide

By Matt Cohen on March 3, 2025

How Can I File Back Taxes? OnlyFans Creators’ Best Guide If you’re an OnlyFans creator who hasn’t filed taxes in one or more previous years, you’re not alone. Many content […]

Accounting and Tax

How to Obtain Tax Transcripts Easily as an OnlyFans Creators

By Matt Cohen on February 28, 2025

How to Obtain Tax Transcripts Easily as an OnlyFans Creators Managing your finances as an OnlyFans creator and staying on top of your tax obligations is crucial for running a […]

Accounting and Tax

2025 Tax Bracket Updates: Crucial OnlyFans Tax Changes

By Matt Cohen on February 27, 2025

Tax season can feel overwhelming, especially when you’re self-employed and earning income from platforms like OnlyFans. With the 2025 tax bracket updates, it’s important to understand how changes to tax […]

Accounting and Tax

How to Update Tax Details on OnlyFans: Stay Compliant

By Matt Cohen on February 26, 2025

Knowing how to update tax details on OnlyFans is essential for staying compliant with tax laws and ensuring uninterrupted payouts. Whether you’re just starting out or already earning a steady […]

Accounting and Tax

How Much to Set Aside for Taxes: Tips for OnlyFans Creators

By Matt Cohen on February 25, 2025

As an OnlyFans creator, managing your finances can be tricky, especially when it comes to taxes. With income coming directly from your business, you are considered self-employed, which means you’ll […]

Accounting and Tax

How Do You Know If You Owe Taxes? Avoid OnlyFans Costly Penalties

By Matt Cohen on February 24, 2025

If you earn money on OnlyFans, you may be wondering how do you know if you owe taxes. Since no one automatically withholds taxes for you, it’s your responsibility to […]