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Are Tik tok videos being used to pay less taxes?
Posted on 6/26/25 at 4:00 pm
Posted on 6/26/25 at 4:00 pm
So a lot of people seem to monetize their tik tok videos and other social media posts. But I’ve noticed a lot of “vacation” content and stuff like that.
I assume if their business is video content and they take a trip and film some content on it that trip becomes a business expense the creator can write off? Same for all kinds of things that get used in the videos as props and sets and what not.
Not saying it’s illegal but is that what’s happening here?
I assume if their business is video content and they take a trip and film some content on it that trip becomes a business expense the creator can write off? Same for all kinds of things that get used in the videos as props and sets and what not.
Not saying it’s illegal but is that what’s happening here?
7
Posted on 6/26/25 at 4:03 pm to jlovel7
quote:
Not saying it’s illegal but is that what’s happening here?
Yes. Any other brain busters?
Posted on 6/26/25 at 4:04 pm to jlovel7
quote:
Not saying it’s illegal but is that what’s happening here?
You can't have a perpetual money-losing endeavor, so these people have to have something to write-off against.
So, if they are doing this to any extent, then they would actually be making money, which means it would be a legit expense.
Posted on 6/26/25 at 4:08 pm to Bjorn Cyborg
quote:
You can't have a perpetual money-losing endeavor, so these people have to have something to write-off against.
So, if they are doing this to any extent, then they would actually be making money, which means it would be a legit expense.
Most of society doesn't understand what a write-off is. I have become tired of explaining it.
I'll let someone else explain it this time.
Posted on 6/26/25 at 4:11 pm to jlovel7
quote:
less taxes
Posted on 6/26/25 at 4:14 pm to jlovel7
Grown men watching ticker tocker is sad
Posted on 6/26/25 at 4:19 pm to jlovel7
They pull the influencer card and demand lower prices saying they can provide advertising
Posted on 6/26/25 at 4:40 pm to deeprig9
Posted on 6/26/25 at 5:10 pm to jlovel7
quote:
So a lot of people seem to monetize their tik tok videos and other social media posts. But I’ve noticed a lot of “vacation” content and stuff like that.
I assume if their business is video content and they take a trip and film some content on it that trip becomes a business expense the creator can write off? Same for all kinds of things that get used in the videos as props and sets and what not.
Not saying it’s illegal but is that what’s happening here?
I'll have to find the video but there's a guy on youtube that has a popular YT channel that's based on cars. He actually makes money from it and he tried to write off the purchase of one of his vehicles that he purchased. He got into an audit with the IRS and eventually lost. Even though, he could demonstrate the views and income from purchasing that specific car, the IRS didn't allow it.
eta: found the video
This post was edited on 6/26/25 at 5:12 pm
Posted on 6/26/25 at 6:13 pm to jlovel7
Why do you think every female “influencer” is the “Founder/CEO” of a swimwear company?
It’s so every trip is a business trip. Every selfie is a marketing photoshoot.
It’s so every trip is a business trip. Every selfie is a marketing photoshoot.
Posted on 6/26/25 at 6:31 pm to Sterling Archer
I didn’t watch the video, but he probably tried to expense it rather than depreciate it.
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