Accounting and Tax
By Matt Cohen on February 17, 2025
When running an OnlyFans business, managing expenses is key to growing and sustaining your income. One of the expenses you may face is hiring 1099 contractors for tasks like content […]
Accounting and Tax
By Matt Cohen on February 17, 2025
Understanding Self-Employment Taxes as an OnlyFans Creator If you’re making money on OnlyFans, you’re considered self-employed in the eyes of the IRS. That means you’re responsible for paying your taxes, […]
Accounting and Tax
By Matt Cohen on February 17, 2025
Introduction If you’re earning money on OnlyFans, you might be wondering, does OnlyFans count as taxable income? The short answer is yes. Whether you’re making a few hundred dollars or […]
Accounting and Tax
By Matt Cohen on February 17, 2025
Understanding OnlyFans Taxes: What You Need to Know If you’re making money on OnlyFans, you might be wondering, what is the tax form for OnlyFans? The short answer: It depends […]
Accounting and Tax
By Matt Cohen on February 17, 2025
OnlyFans has become a lucrative platform for many content creators, but when tax season rolls around, many are left wondering: What do I call OnlyFans on my taxes? If you […]
Accounting and Tax
By Matt Cohen on February 17, 2025
OnlyFans creators need to understand how their income is taxed to avoid IRS trouble. If you earn money from OnlyFans, you are classified as self-employed, meaning you have tax responsibilities […]
Accounting and Tax
By Matt Cohen on February 17, 2025
Introduction If you’re an OnlyFans creator, you’re technically self-employed, which means you have tax obligations that are different from traditional employees. Knowing how to maximize your OnlyFans tax deductions can […]
Accounting and Tax
By Matt Cohen on February 17, 2025
Understanding the 1099-NEC If you’re an OnlyFans creator earning money from subscribers, sponsors, or brand deals, you might need to file a Form 1099-NEC when tax season rolls around. But […]
Accounting and Tax
By Matt Cohen on February 17, 2025
Understanding OnlyFans Terms of Service OnlyFans has become a lucrative platform for content creators, but many overlook the importance of reading and understanding its Terms of Service (ToS). These terms […]
Accounting and Tax
By Matt Cohen on February 17, 2025
Understanding OnlyFans Taxes and Your Responsibilities If you’re making money on OnlyFans, taxes are something you can’t ignore. The IRS considers OnlyFans creators as self-employed individuals, meaning you have tax […]