![]() ![]() ![]() You must pay self-employment taxes, although some LLCs make an S-corp election to reduce their self-employment tax obligations. Working with a tax strategist can help you take advantage of the items that you are already spending money on for your business so you can receive tax write-offs.Īs a YouTuber, you will automatically be considered a sole proprietor however, you can also register your YouTube Channel as an LLC or partnership. Some of those items you are spending your money on, such as cameras and lighting, can also be written off, but only if you follow the tax guidelines and have a good understanding of the tax codes. Know The Benefits Of Your YouTube BusinessĪs a licensed tax accountant, I've seen that being self-employed and setting up the right entity structure can be beneficial to your taxes, as it can eliminate some of the self-employment tax.
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