Pay Your Taxes!
When you are an independent content creator, livestreamer, cam model, writer, artist, OnlyFans model, etc. etc., you are responsible for paying your own taxes. Some folks might think that the percentage these platforms take goes towards paying taxes, but that is just the fees they are charging you. Your earnings are still your income and you are responsible for paying income tax according to the laws and rules governed by the state you live in.
At TreasureCams, we encourage performers to put aside 25-32% of each paycheck into a separate account to cover your taxes. That way, you’ll always have enough to pay the IRS and should have enough left over to reinvest into your business. We have a tax workshop each year where we help advise models on best practices for filing, write offs, and even helpful banking advice to set yourself up for the following year.
We have recordings of past years’ workshops that models can access for advice. And this year, we’ll be hosting a workshop with a very special guest, and give TreasureCams models a chance to ask questions about their specific circumstances.
We’re pleased to say that over the years, we’ve helped models go from independent contractors to opening an S Corp and an LLC. We’ve taught models how to pay taxes quarterly so they never get surprised by a big bill, and exactly what can be written off as an expense as an adult entertainer.
We encourage cam models to understand their taxes, and know when tax season is. Not just so they can pay in a timely manner and avoid any fines or charges, but also because tax season means a nice little extra boost of income for hard working models too!
It’s actually a GREAT time to be in the new model category, and take advantage of that extra tax money coming in. Folks are always looking for a way to spend it, why not on you?
More info on how you can cam with us here:
If you are looking to spend your tax money, connect with one of our live models here:
https://t.ajrkm2.com/aff_c?offer_id=7953&aff_id=276403&url_id=32001