21: What You NEED To Know About Finances As A Content Creator: From A Small Business Tax Expert

Okay, let’s be real — no one becomes a content creator because they love thinking about taxes. But if you’re making money with UGC or content creation, the IRS still expects their cut. And trust me, not knowing the basics can come back to bite you hard.That’s why I brought on today’s guest, Catina Borgman. Catina has been a tax professional for nearly 20 years. Today, we’re covering them all — from filing as a sole proprietor vs. LLC, to what you can actually write off, to the sneaky truth about “gifted” collabs.. What you’ll learn in this episode:The difference between being a sole proprietor and forming an LLC as a content creator.How to file taxes as a UGC creator and when you actually need to start filing.The best system for setting aside money for taxes as an entrepreneur.Which expenses are tax deductible for content creators (think: editing software, props, mileage, home office space).Why gifted collabs, product trades, and hosted stays are still taxable income.Tools and resources Catina recommends for managing money as a content creator.>>>>>Check Out Laura from:  The Travel Creator Podcast@travelcontentwritingConnect with Catina:Website: www.GypsyWander.lifeFacebook: https://www.facebook.com/profile.php?id=100084742088441YouTube: https://www.youtube.com/@GypsyWanderSmall Business Blueprint Webinar - Understanding Business Entities & Taxation When Starting a New Business: https://www.gypsywander.life/store/p/ygzdrsbo0onm50ud2twofjavvtk3voAffiliate Link:Wave Accounting: waveapps.sjv.io/6eamNKThis podcast was produced by Your Girl Media.Follow: @yourgirlmediaFind us: www.yourgirlmedia.com START HERE: For beginners looking for a clear roadmap to making your first $1,000+ with UGC. Learn all the fundamentals, build your portfolio, create great pitches, and land your first UGC deals. Join the 3-Month UGC Accelerator Course.SCALE HERE: For the intermediate to expert creators ready to start hitting consistent 4-figure months, without the burnout. Sign Up For UGC Basecamp—podcast listeners get 25% off for life (Code 'SAVE25').Follow Me on Instagram: @maddyoutdoors.coachFREE 50+ UGC Ad Examples Library