53: UGC Taxes 101: Advice From A Tax Expert That Will Save You THOUSANDS

If taxes make you want to close your laptop and pretend your bank account doesn’t exist… this episode is for you . In today’s episode, I’m sitting down with Tommy from Prime to break down all things taxes for UGC creators, freelancers, and content creators in a way that actually makes sense. We’re talking LLCs, write-offs, travel deductions, gifted collaborations, how much money you should actually be setting aside for taxes, and the biggest mistakes creators make that end up costing them thousands.Whether you’re a brand new UGC creator or already making consistent income online, this episode will help you feel way more confident going into tax season and managing your money as a self-employed creator.In this episode, we cover: The biggest tax mistakes UGC creators make  When to form an LLC as a content creator  How to track expenses as a freelancer  Tax tips for content creators and influencers  Common tax deductions for UGC creators  How travel write-offs actually work  What counts as a business expense  Taxes on gifted collaborations and PR packages  How to handle PayPal, Venmo, and multiple income streams  Why brands ask creators for W-9s  How much money to set aside for taxes as a freelancer  Business credit cards, points, and using credit strategically  Tax strategies creators can use to save money Resources Mentioned: Keeper Tax  QuickBooks  Xero  Prime Corporate Services Connect with Tommy + Prime:Find them on Instagram at Prime Corporate Services for more tax tips for freelancers, business setup help, and creator finance resources.Want more Travel Content Advice? Make sure to listen to the Travel Creator Podcast This 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