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. […]

Accounting and Tax

Can You Have a SEP IRA and 401k? Smart Tax Tips for OnlyFans

By Matt Cohen on March 14, 2025

Can You Have a SEP IRA and 401k? Smart Tax Tips for OnlyFans Retirement planning isn’t just for corporate employees. If you’re an OnlyFans creator, setting up a solid financial […]

Accounting and Tax

Solo 401k Calculator: Smart Tax Hacks for OnlyFans Creators

By Matt Cohen on March 14, 2025

If you are making money on OnlyFans, taxes are probably one of the biggest headaches you have to deal with. Since you are self-employed, you do not have an employer […]

Accounting and Tax

How to Find a Good Accountant for OnlyFans & Avoid Mistakes

By Matt Cohen on March 14, 2025

Managing taxes and finances as an OnlyFans creator can be overwhelming. Unlike traditional employees, content creators are responsible for tracking income, handling tax obligations, and ensuring compliance with IRS regulations. […]

Accounting and Tax

Can I Amend a Tax Return from 5 Years Ago? Important Update

By Matt Cohen on March 14, 2025

Can I Amend a Tax Return from 5 Years Ago? Must-Know Fix Nobody enjoys dealing with taxes, but making a mistake on a tax return can make things even more […]

Accounting and Tax

What Is a Annual Pre Tax Income? Key Facts You Should Know

By Matt Cohen on March 14, 2025

OnlyFans has become a major source of business income for content creators, but managing finances, taxes, and operating expenses is a challenge for many. If you are wondering what is […]