Accounting and Tax

Consistent Financial Reporting Makes OnlyFans Taxes Easy

By Matt Cohen on March 28, 2025

If you’re an OnlyFans creator, your content brings in the money, but it’s your financial reporting that keeps the business side running smoothly. Whether you’re just getting started or already […]

Accounting and Tax

Best S Corp Election Form Tips for OnlyFans Creators

By Matt Cohen on March 28, 2025

If you’re making consistent money on OnlyFans, taxes can quickly eat into your profits. Filing the S Corp election form can help lower your tax bill, but only if you […]

Accounting and Tax

How to Setup Payroll for OnlyFans: Tax & Compliance Tips

By Matt Cohen on March 28, 2025

Once you start making serious money on OnlyFans, you’ll hit a point where hiring help just makes sense. Maybe it’s a virtual assistant. Maybe it’s someone editing your videos or […]

Accounting and Tax

LLC Formation Cost for OnlyFans Creators: Expert Guide

By Matt Cohen on March 28, 2025

Starting an OnlyFans business is exciting. Once the money starts coming in, financial responsibilities increase. One of the best ways to protect yourself is by forming an LLC. A Limited […]

Accounting and Tax

Form 1065 Tax Guide: Essential Tips for OnlyFans Creators

By Matt Cohen on March 28, 2025

If you are an OnlyFans creator making money from your content, understanding tax obligations is essential. If you operate as a partnership, you will likely need to file Form 1065, […]

Accounting and Tax

Master Form 1120S: Easy Tax Tips for OnlyFans Creators

By Matt Cohen on March 21, 2025

As an OnlyFans creator, managing your business isn’t just about making content. It’s also about handling taxes correctly. If you’ve structured your business as an S Corporation (S Corp), filing […]

Accounting and Tax

Taxpayers News: OnlyFans Warned of Costly IRS Crackdown

By Matt Cohen on March 21, 2025

The IRS recently warned OnlyFans creators about increased enforcement measures aimed at unreported or underreported income. This heightened attention from the Internal Revenue Service signals the need for creators to […]

Accounting and Tax

Where to File Paper Form 4868: OnlyFans Tax Guide

By Matt Cohen on March 21, 2025

As an OnlyFans creator, handling your taxes can feel overwhelming, especially when deadlines approach. Filing taxes on income earned through OnlyFans requires special attention because you’re considered self-employed. Understanding IRS […]

Accounting and Tax

Certified Tax Specialist: Unlock Profitable OnlyFans Savings

By Matt Cohen on March 21, 2025

If you’re an OnlyFans creator, you’ve probably wondered how taxes impact your earnings. Whether you’re just starting or already making a significant income, understanding your tax obligations is crucial. A […]

Accounting and Tax

What is a Schedule 1 Tax Form? Vital Insight for OnlyFans

By Matt Cohen on March 21, 2025

Running an OnlyFans business means handling more than just content creation. Taxes are a big part of the job, and understanding what is a Schedule 1 tax form is essential. […]