Gifts, Swag and Sponsorship: Accent Financial Offers Tax Tips for Influencers

In this episode, we sit down with Ryan Otto, President of Accent Financial Services to explore the rise of a new type of employment - social influencers and creators. Ryan discusses the IRS and its need-to-know guidelines for this industry. He offers insight and tax advice on: How tax preparation for influencers differs from other contractors. Advice on properly filing and reporting gifts, promo items and brand deals. What types of revenue and income are taxable. Why it's necessary to follow proper IRS filing procedures. This is a great episode to explore whether you're an established influencer or one that's just starting your rise to fame. Be sure to listen, follow and subscribe for updates on new episodes.