Tax Planning for Content Creators
WHAT YOU ACTUALLY NEED TO KNOW
3 Things Other Creators Get Wrong
The Mistakes
- •Deducting personal items like clothing & makeup
- •Not including free stuff as income
- •Thinking an S Corp is for everyone
The Reality
- •Planning is more important than chasing deductions
- •Lumpy income makes planning tricky
- •IRS attention is rising on creators
- •You need a set of eyes you can trust
Our Approach to Tax Planning
Six proactive strategies we use year-round to reduce your tax burden and keep your business finances clean and current.
S Corp Election
We determine whether S Corp status fits your income level and guide you through the election at the right time.
Reasonable Salary Analysis
We set the right owner W-2 salary to satisfy IRS requirements while minimizing your overall tax burden.
Accountable Plan
We help you reimburse yourself for legitimate business expenses with proper documentation.
Retirement Plan Setup
We build the right plan (Solo 401k, SEP-IRA) to maximize contributions and reduce your taxable income.
Quarterly Estimates
We calculate accurate estimated payments so you stay ahead of your tax bill all year.
Annual Optimization
A year-end review to capture remaining opportunities and set you up for a strong start to the coming year.
How We Work
Getting Started
Discovery call to make sure it's a fit. If so, I'll ask for prior-year returns and a look at your current books, then send an e-sign proposal.
First 60 days
Books brought current and reconciled, or set up from scratch if you don't have a system yet. I review your entity structure and prior-year returns, then build a baseline projection for the year.
First 90 days
Your first planning meeting. You leave with a working projection, the specific strategies we recommend, and estimated payments mapped out.
Multi-state filings, prior-year cleanup, multiple entities, or unusually complex situations are quoted separately.
What are the next steps?
Once you've scheduled a call, we will discuss your unique needs. Then, we will prepare a custom proposal for your business. Together, we will execute on your customized plan.
Get in touch:
Serving Clients Nationwide Billy@MondorCPA.com