It’s beyond me why OF models post how much they make, on social media.I think it's bullshit.
She most likely photoshopped it.
Meet Sophie Rain, the OnlyFans star who made $43 million in a year
The 20-year-old social media sensation became one of the most talked about influencers in the world this week thanks to her viral OnlyFans earnings.www.dailymail.co.uk
I'll agree. 43M....I have my doubts. Wonder if she's got a good accountant & tax lawyer yet. lolI think it's bullshit.
She most likely photoshopped it.
Meet Sophie Rain, the OnlyFans star who made $43 million in a year
The 20-year-old social media sensation became one of the most talked about influencers in the world this week thanks to her viral OnlyFans earnings.
Why would any hoe claim they made that much publicly lmao? She really wants the taxman to come for herI think it's bullshit.
She most likely photoshopped it.
Meet Sophie Rain, the OnlyFans star who made $43 million in a year
The 20-year-old social media sensation became one of the most talked about influencers in the world this week thanks to her viral OnlyFans earnings.
The IRS would already know exactly how much money she made on Only Fans in any given calendar year, due to the Form 1099 filing requirements that exist in the US (there is nothing similar to that in Canada). The IRS gets a 1099 form from OnlyFans, which would disclose the earnings by every US resident who is being paid from the platform. There could be a middle man in charge of her Only Fans account who is getting paid -- that middle man, who would certainly be on the IRS radar because of the $size, would then be required to fill 1099s for anyone they issued payments to.Why would any hoe claim they made that much publicly lmao? She really wants the taxman to come for her
These hoes are so dumb stg
Makes sense. What would be the smartest way to (I guess at least partially) circumvent something like that and minimize what you are paying out?
Cash payments I guess.
Works in Canada for escorts/strippers/MPAs anyway
. But going through an intermediary like OF is different, ya
If you are a Canadian resident creating stuff on OnlyFans, or making any form of self employment income from a company, there is nothing being directly reported to the CRA. So it's quite different than the US where everything over $600 is reported (with a SIN I believe) So its easier to try to hide it in Canada if you want to - not that its advisable, because under audit they will always easily tie it to banking records as the money has to pass through something traceable. That being said its possible you can slide under the CRA radar, especially if you are not earning much off OnlyFans.
43 gross. Around 30 million net after OF paid themselves.I think it's bullshit.
She most likely photoshopped it.
Meet Sophie Rain, the OnlyFans star who made $43 million in a year
The 20-year-old social media sensation became one of the most talked about influencers in the world this week thanks to her viral OnlyFans earnings.
If it were possible, many women would attempt to replicate her success to achieve the same after-tax residual income. However, I don't believe it's feasible for someone her age to generate that level of earnings. She would need a unique ability to captivate her subscriber base and maintain their loyalty.
She look alright.
A porn actress posted her OnlyFans statement on X earlier this year. She made $650k. Subscriptions about $125k, Video downloads about $175k and Messages about $350k.
Just do a Google search for accountants in your area. I'd suggest looking for independent accountant's vs companies such as H&R Block and interview them before using them. This will give you an idea if the person's the right one for you. And once you decide, take your last 1 or 2 returns with you and they'll find mistakes or things you missed. Speak from experience on that.Works in Canada for escorts/strippers/MPAs anyway
Stripper 1, Taxman 0
In a legal showdown against a tax-wary former stripper, it's the Canada Revenue Agency that's been caught with its pants down.www.thestar.com
I need a hoe-friendly accountant I can trust, come to think of it. I guess I’ve gotten by on my own but I worry sometimes.
