Accounting for Content Creators & Influencers: 3 Mistakes to Avoid
Expenses for hiring professionals such as accountants, social media managers, virtual assistants, or any marketing services are also deductible. Additionally, attending conferences or workshops for professional development counts as a business expense. A sole proprietorship may seem simple, but it comes with its own set accounting for content creators of risks, especially when you’re making […]
Latest travel trend: How Instagram influencers are becoming the preferred companions for offline adventures
This income falls under self-employment, making it subject to both income and self-employment taxes. You can often deduct business expenses tied to content creation. While the foundation of bookkeeping—tracking income and expenses to understand financial health—remains consistent across fields, digital creators face unique challenges and opportunities. Understanding these distinctions is essential for effective financial management […]