Tax Lawyer Explains: How To BEAT Taxes As An Influencer...

[@THEtaxstrategists]

Mark, as a fellow CPA with over 38 years experience, can you tell me when "ordinary and necessary" was removed from Section 162?

[@50Options]

I can't wait to talk to one of your tax counsel/advisors this Friday. Thank you Mark and Matt for all yo do.

[@Brandon88nyc]

Love you advices you are a real deal !

[@FishFind3000]

What if your given a product but you destroy it do you still claim it? You have gained nothing since it’s garbage now?

[@ava_and_ben_halleluyah]

Excellent. Thank you

[@FishFind3000]

6:00 what if it’s a gift and you do nothing for a year and then later on you make a video but it’s in a different tax year?

[@chriskuna]

If I pay for my trip to film my content do I get to write off the air fare, hotel, and meals?

[@TibsRides]

Yup

[@christie4336]

Wow! This was fascinating. Can someone please post the name of the influencer that got audited? Or a link to a news article? I would like to read more about it.

[@producerbenford]

Thank you

[@Lorax2k2]

When figuring the retail value of a gift, do you also have to figure sales tax for state filing?

[@THEtaxstrategists]

Why do you think you can "certify" accountants? I really do not get it. Tax pro network?

[@MyBirdHouseInTheCity]

Do long term crypto capital gains raise my income to a higher tax bracket? It’s my understanding that short term gains do but I’m uncertain about long term gains

[@elirans1527]

If I’m an influencer that receives things to create a post and no other income. Then how do I Value the time that took to make the post? Wouldn’t that time offset the product so I wouldn’t have to claim the product I received?

[@TheAliceHenderson]

Would there be benefits if influencers did taxes as an S Corp?

[@THEtaxstrategists]

Do you think the IRS is also watching you and Karlton suggesting you can write off Thanksgiving in Vail if you have a family board meeting (your recent video) or your haircuts (Karlton's video)? How about Karlton's mama - Karla who suggests you can write off your Wedding?

[@thecapnpoopy]

If rockstar sends me a 90% discount code for me to purchase an item to review. Is that 90% discount “income/revenue”?

[@THEtaxstrategists]

Crickets from you Mark and Karlton

[@SummitLegacyLaw]

Outlander!!!