Finally! Taxes explained for OnlyFans Creators! In episode 93 of On the Whorizon, host and SWCEO founder @MelRose_Michaels speaks with @theonlyconsultant4514 Katherine Studley, founder of The Only Consultant and Prisma Tax Group, about the unique financial challenges OnlFans models and adult creators face.
They discuss the importance of separating business and personal finances, the benefits of LLCs and S Corporations, common tax misconceptions, and valuable tips for long-term financial sustainability.
Katherine also highlights the significant issues of financial discrimination and offers actionable tax planning strategies. This episode is essential for any adult creator seeking financial clarity and peace of mind in their entrepreneurial journey.
✨ FEATURED GUEST
→ Katherine Studley @TheOnlyCosult on Twitter
⌚ TIMESTAMPS
00:00 Introduction
01:30 Meet Katherine Studley: The Only Consultant
04:41 Common Tax Misconceptions for Adult Creators
06:53 Understanding Different Tax Returns
12:59 The Importance of Estimated Tax Payments
21:14 Effective Bookkeeping Practices
25:15 Tax Preparation and Financial Planning
26:13 CAC Compliance Issues for Adult Creators
28:54 Tax Planning Strategies for Adult Creators
30:21 Common Financial Mistakes and Solutions
33:25 Ensuring Client Confidentiality and Privacy
35:39 Challenges and Discrimination in the Industry
40:18 Tax Write-Offs and Filing Requirements
44:39 Success Stories and Client Support
47:14 Final Thoughts and Resources
📚 RESOURCES
→ Join CEO Society! Our creator-only community for sharing resources, daily co-working spaces, and exclusive course videos…centralizing everything in one app-based, user-friendly platform that's completely FREE: [ Ссылка ]
→ Get tax help from Prisma Tax Group: [ Ссылка ]
📺 RELATED VIDEOS
→ SWCEO Podcast: [ Ссылка ]
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🔸ABOUT SWCEO
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🎦 CREDITS
→ Music By: Love by LiQWYD [ Ссылка ] Commons — Attribution 3.0 Unported — CC BY 3.0 Free Download / Stream: [ Ссылка ] promoted by Audio Library [ Ссылка ]
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