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Ep 93: Taxes Explained for OnlyFans Creators | Expert Insights with The Only Consultant
Manage episode 424795032 series 3285409
Finally! Taxes explained for OnlyFans Creators! In episode 93 of On the Whorizon, host and SWCEO founder Melrose Michaels speaks with Katherine Studley, founder of The Only Consultant and Prisma Tax Group about the unique financial challenges OnlyFans 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
📚 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! → Get tax help from Katherine Studley & Prisma Tax Group
Tired of coming up with content ideas and captions? The SWCEO Daily Inspo Bot sends you one daily trending idea and professionally written caption for feed, PPV, & clip store, ALL with calls to action to unlock, tip, etc. to increase sales! These get sent to you around 10 am CST on Telegram DAILY. The bot costs less than .50 cents a day! Grab your free 3-day trial here: http://t.me/NSFWinspo_bot
On The Whorizon is a podcast about what's on the whorizon for sex workers and how to navigate it. We want to elevate sex worker stories and experiences, as well as provide tangible takeaways to approach online sex work as a business model, should listeners choose to envision it that way.
S O C I A L M E D I A
→ MelRose's website: MelRoseMichaels.com
→ MelRose's Instagram: @MelRoseMichaels
→ MelRose's Twitter: @MelRoseMichaels
→ MelRose's Snapchat: MelRoseMichael
→ MelRose's TikTok: @MelRose_Michaels
→ SexWorkCEO's Instagram
→ SexWorkCEO's Twitter
→ SexWorkCEO's YouTube
→ SexWorkCEO's Website
S E X W O R K C E O
Sex Work CEO is an educational platform where online adult creators can find courses, resources, informational blogs, and industry consulting work through our Influencer Advocacy program. Whorizon is a SexWorkCEO podcast focused on strengthening awareness around the political, societal, and personal impacts on sex work as an industry as well as providing educational resources to help online adult creators grow their businesses. It is our hope that a better informed SW community can better unite and advocate for itself where and when it matters. See more at SexWorkCEO.com.
C R E D I T S
→ Video and Photography By MelRose Michaels
→ Production By Kevin Byrnes https://www.upwork.com/freelancers/~01771f13585da1ce42 → Music By: Love by LiQWYD https://soundcloud.com/liqwydCreative Commons — Attribution 3.0 Unported — CC BY 3.0 Free Download / Stream: https://bit.ly/3AmrvcXMusic promoted by Audio Library https://youtu.be/Q6toqxlDCR
--- Support this podcast: https://podcasters.spotify.com/pod/show/whorizon/support133 episod
Manage episode 424795032 series 3285409
Finally! Taxes explained for OnlyFans Creators! In episode 93 of On the Whorizon, host and SWCEO founder Melrose Michaels speaks with Katherine Studley, founder of The Only Consultant and Prisma Tax Group about the unique financial challenges OnlyFans 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
📚 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! → Get tax help from Katherine Studley & Prisma Tax Group
Tired of coming up with content ideas and captions? The SWCEO Daily Inspo Bot sends you one daily trending idea and professionally written caption for feed, PPV, & clip store, ALL with calls to action to unlock, tip, etc. to increase sales! These get sent to you around 10 am CST on Telegram DAILY. The bot costs less than .50 cents a day! Grab your free 3-day trial here: http://t.me/NSFWinspo_bot
On The Whorizon is a podcast about what's on the whorizon for sex workers and how to navigate it. We want to elevate sex worker stories and experiences, as well as provide tangible takeaways to approach online sex work as a business model, should listeners choose to envision it that way.
S O C I A L M E D I A
→ MelRose's website: MelRoseMichaels.com
→ MelRose's Instagram: @MelRoseMichaels
→ MelRose's Twitter: @MelRoseMichaels
→ MelRose's Snapchat: MelRoseMichael
→ MelRose's TikTok: @MelRose_Michaels
→ SexWorkCEO's Instagram
→ SexWorkCEO's Twitter
→ SexWorkCEO's YouTube
→ SexWorkCEO's Website
S E X W O R K C E O
Sex Work CEO is an educational platform where online adult creators can find courses, resources, informational blogs, and industry consulting work through our Influencer Advocacy program. Whorizon is a SexWorkCEO podcast focused on strengthening awareness around the political, societal, and personal impacts on sex work as an industry as well as providing educational resources to help online adult creators grow their businesses. It is our hope that a better informed SW community can better unite and advocate for itself where and when it matters. See more at SexWorkCEO.com.
C R E D I T S
→ Video and Photography By MelRose Michaels
→ Production By Kevin Byrnes https://www.upwork.com/freelancers/~01771f13585da1ce42 → Music By: Love by LiQWYD https://soundcloud.com/liqwydCreative Commons — Attribution 3.0 Unported — CC BY 3.0 Free Download / Stream: https://bit.ly/3AmrvcXMusic promoted by Audio Library https://youtu.be/Q6toqxlDCR
--- Support this podcast: https://podcasters.spotify.com/pod/show/whorizon/support133 episod
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