Confused about taxes? Not sure how or when to file? We worked with finance professionals specialized in helping creators to build the Karat TaxBot. Chat with us below and get answers to your most pressing questions.
Contents are for informational purposes only and do not constitute legal advice.
CREATOR TOOLKIT
CREATOR TAX AMA
Confused about taxes? Not sure how or when to file? We worked with finance professionals specialized in helping creators to build the Karat TaxBot. Chat with us below and get answers to your most pressing questions.
Contents are for informational purposes only and do not constitute legal or tax advice.
Reply below to get started
Chat with TaxBot to figure out your taxes with an easy Q&A
Don’t have time to chat?
Here are some quick creator tax tips from our financial experts.
Of course, you can always hire a tax professional to help you file your taxes. They tend to charge between $200/hr-$600/hr depending on their skills, education, and expertise and are in high demand during tax season!
How do I avoid overpaying taxes?
A great way to ensure you’re not paying more taxes than you need to is by maximizing your deductions. For creators, this usually means writing off your related business expenses. Chat with us above if you need help with your specific situation.
What can I do to make this easier?
Keeping your business and personal finances separate in different accounts is great first start. This will help you keep track of your business income and expenses so that your books are clean and organized come tax time - saving you a headache!
Is there anything creators must do when it comes to taxes?
The number one thing creators should do is keep business and personal finances separate. It’s worth spending the time to set up clean books early on. Karat’s business credit card for creators and certified financial planners can help with this.
Can I ask my own question?
Of course, it’s an AMA. Get started above and submit your question. We have answers.
Any other advice for creators?
We have a lot of creator financial knowledge at Karat, and are constantly sharing this with our creators to help them grow. We also offer complimentary advisory sessions with certified financial planners and 24/7 access to the industry’s concierge service to all our cardholders. Sign up here to see if you qualify for a Karat card and all its perks.
Still confused? Want to make sure you’re safe and compliant? We can help: taxes@trykarat.com
Mind your business
Creators are media businesses. And every business needs capital to grow. At Karat, we built a card just for creators. You’ll get limits based on your socials and cashflow so you can focus on creating. You’ll also get cashback on categories you care about so that you can invest back in your business. Top that off with certified financial planners and the industry’s leading Concierge.