💸 TAX SEASON IS HERE 💸 Here are 3 tax tips for influencers from our Head of Billing! Save this post to reference when you’re completing your taxes 💓 1. All monetary and non-monetary income must be claimed this includes: - Brand partnership income - Gifting - value of gifts must be reported - Gifted trips from brands - Commissions - Viewership income 2. Any expenses incurred while earning income that were not reimbursed can be claimed this includes: - Utilities, internet & phone bills - Rent - Business meals - Travel (gas, hotels, flights etc.) - Mortgage interest & prop tax - Cameras and other filming equipment - Editing software 3. Be sure to keep all records this includes receipts and invoices for at least 6 years - this is the timeframe that the CRA can re-assess for. Tax season can be overwhelming! We use notionhq to monitor all our expenses and income throughout the year to keep us organized. . . . #influencertaxes #selfemployedtaxes #smallbusinesstaxes #solepro...