I can relate to those times of frantically compiling expense reports before the 15th 😆... Awesome breakdown - just shared this with our list! Not the fun part, but needed.
This is a super important topic that most content creators never talk about. It’s so key to understand your profit margin as well as your tax obligations.
Miles, thanks for sharing! Taxes are never spoken of by entrepreneurs on the "Tube."I have made several inquiries on this subject from affiliate communities, but everyone always says they don't give out tax advice talk to a professional. Telling others what you do , is not tax advice. Once again thanks for sharing what you do when tax time comes around yearly.
Thanks, Miles. 🙏 I've had good results using tax prep websites to file along with them showing which business deductions to take as a sole proprietor. Love that you mentioned how to keep everything organized throughout the year. And appreciate how you're dedicated to helping your audience. 💛💛✨
Really appreciate this! In the UK we have a similar structure Limited Companies, LLC and sole trader (self employed). The tax structure and benefits are different depending on how you setup. Question: Do you have a tax wrapper in the form of a financial product, where you can have a certain amount of money per year shield against tax? We have products here in the UK.
Hey miles I just have a quick question , I currently have an affiliate marketing blog and I advertise lot’s of different products. However, these products fluctuate lot’s in value and it’s hard to keep up to date with the prices and availability of the items. Do you have any suggestions? Thanks miles.
I can relate to those times of frantically compiling expense reports before the 15th 😆... Awesome breakdown - just shared this with our list! Not the fun part, but needed.
I appreciate that!
This is a super important topic that most content creators never talk about. It’s so key to understand your profit margin as well as your tax obligations.
I totally agree. Not a 'viral' topic but a needed one. Thanks for the comment, Kareen!
@@MilesB thank you for placing value above vitality.
Miles, thanks for sharing! Taxes are never spoken of by entrepreneurs on the "Tube."I have made several inquiries on this subject from affiliate communities, but everyone always says they don't give out tax advice talk to a professional. Telling others what you do , is not tax advice. Once again thanks for sharing what you do when tax time comes around yearly.
My pleasure!
Thanks Miles. Great topic and very timely.
My pleasure!
Great information, Miles! Just in Time Too. Tax Time.
Love this kind of how-to content, 'the Business' side of a home based business.
Cheers Mark!
Thanks, Miles. 🙏 I've had good results using tax prep websites to file along with them showing which business deductions to take as a sole proprietor. Love that you mentioned how to keep everything organized throughout the year. And appreciate how you're dedicated to helping your audience. 💛💛✨
Cheers Brenda! Thanks for the comment
An underappreciated part of making money online or as a business in general.
100%
Not making money yet but watched anyway, liked and commented to support the channel because I love your content!!
One day my son will be born. The moment he asks me about online business and internet marketing is the moment he'll learn about Miles Beckler.
Cheers Anthony!
Really appreciate this! In the UK we have a similar structure Limited Companies, LLC and sole trader (self employed). The tax structure and benefits are different depending on how you setup. Question: Do you have a tax wrapper in the form of a financial product, where you can have a certain amount of money per year shield against tax? We have products here in the UK.
Absolutely! Several tax advantaged ways to invest and get a write off through IRAs and 401ks for business owners in the US!
Hey miles I just have a quick question , I currently have an affiliate marketing blog and I advertise lot’s of different products. However, these products fluctuate lot’s in value and it’s hard to keep up to date with the prices and availability of the items. Do you have any suggestions? Thanks miles.