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Expenses You Can’t Claim As OnlyFans Deductions

What Expenses You Can't Claim As OnlyFans Deductions?

What Expenses You Can’t Claim As OnlyFans Deductions? 💵 While it’s true that some OnlyFans creators earn significant amounts of money, it’s essential to keep in mind that there are expenses involved in creating content for the platform. The IRS considers OnlyFans creators to be self-employed individuals, which means they are subject to self-employment taxes. … Read more

13 Important Deductions for Amazon FBA Sellers Filing Taxes

image represents 13 Important Deductions for Amazon FBA Sellers Filing Taxes

13 Important Deductions for Amazon FBA Sellers Filing Taxes 📋 Whether you are an Amazon seller or not, filing tax returns is a tedious and time-consuming task. However, the benefits of tax deductions from business expenses can be enormous. In this blog, we will tell you about the tax deductions that you can claim as … Read more

eCommerce Business Expenses: What Are They?

eCommerce Business Expenses

eCommerce Business Expenses: What Are They? eCommerce businesses have become the norm and now deliver a large variety of services. These businesses are not the same brick and mortar businesses. They have different expenses. Despite being different, those expenses can be deducted from your company’s income and reduce its taxable income. The reduction in taxable … Read more

SaaS Business Expenses: What are they?

SaaS Business Expenses: What are they? SaaS businesses are booming, with new startups being launched every year. These businesses are not like the traditional brick and mortar businesses (e.g., grocery stores, ice cream parlors, car dealerships). Thus, it is necessary to consider how they are different and whether the difference expenses associated with SaaS companies … Read more

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