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 […]

Accounting and Tax

Must-Have OnlyFans: Cost to hire 1099s calculator guide

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

Self-Employment Tax Forms for OnlyFans: Avoid Mistakes

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

Does OnlyFans Count as Taxable Income? Avoid Costly Mistakes

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

What Is the Tax Form for OnlyFans? Avoid IRS Penalties Now

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

What Do I Call OnlyFans on My Taxes? Avoid Costly Errors

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

How Does OnlyFans Show Up On Tax Returns? Avoid IRS Trouble

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

OnlyFans Tax Deductions 2025: Write-Offs to Save Big

By Matt Cohen on February 17, 2025

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 help […]