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Since TikTok influencers are still on the hook to pay their taxes, Lisa Greene-Lewis, a spokesperson for TurboTax who has more than 20 years of experience in tax preparation, suggests claiming all ...
In response, some TikTokers are vowing not to pay taxes on their earnings from the app. TikTok supports 224,000 US jobs and contributed $24.2 billion to GDP in 2023, according to one analysis.
Viral TikTok posts are telling Americans to stop paying taxes by illegally exempting themselves from tax withholdings. The videos suggest that it’s possible to avoid paying federal taxes by ...
As you watch TikTok celebrities and Instagram stars rake in the bucks via paid advertising (plus income, perks and freebies) from the brands they represent, you may be thinking they lead a charmed...
The Fuel Tax Credit, the tax agency said, is designed for off-highway business and farming use and those who claim the credit need to have a qualifying business. Most taxpayers do not.
One such influencer, Vivian Tu, recently shared a TikTok video explaining how business owners can save serious money on their taxes by hosting work retreats at their homes. If you’re a business ...
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Hashtag taxes — or #taxes — trended on TikTok in the last two weeks, ... For instance, one influencer shared that he deducted a $125,000 luxury vehicle for business purposes, and another ...