How Social Media Influencers Are Taxed In the U.S.

Posted on Tue, Apr 30, 2019 ©2020 Drucker & Scaccetti

tax-warriors_v2By: Ted Nebiolo

Social Media is a normal and constant part of our lives. In 2019, there will be 2.77 billion social media users; that’s slightly more than one in three people on the planet!* For some social media users, with a large following and with high engagement of those followers, this means big business and potential income. Companies are using social media to market their products to an influencer’s universe of followers. In today’s blog, we’ll discuss how an influencer is taxed on income generated from marketing or selling products on social media.

To read more, see the full article at

https://www.taxwarriors.com/blog/how-social-media-influencers-are-taxed-in-the-u.s

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