Call 855-808-4530 or email [email protected] to receive your discount on a new subscription.
This article discusses the basic tax issues facing social media influencers, who have become an important element in the entertainment industry. The article provides a general introduction to social media influencers and discusses common tax issues arising on the income side of the equation. What is taxable income? What happens if the influencer's compensation is paid in equity? An upcoming article by this author will focus on the surprisingly tricky question as to what expenses are deductible by influencers.
"Influencer" is in the same category as kale and quinoa: they have all been around for a long time but only recently entered our collective consciousness. And like kale and quinoa, social media influencers have become tremendously popular and relevant, although some might say not as healthy for consumers.
While there are a variety of definitions of "influencer," for purposes of this article I use it to refer to someone who has the power to affect the decisions of others because the individual has a large following on social media. Advertisers love influencers because of their power to sell products.
ENJOY UNLIMITED ACCESS TO THE SINGLE SOURCE OF OBJECTIVE LEGAL ANALYSIS, PRACTICAL INSIGHTS, AND NEWS IN ENTERTAINMENT LAW.
Already a have an account? Sign In Now Log In Now
For enterprise-wide or corporate acess, please contact Customer Service at [email protected] or 877-256-2473
There is no efficient market for the sale of bankruptcy assets. Inefficient markets yield a transactional drag, potentially dampening the ability of debtors and trustees to maximize value for creditors. This article identifies ways in which investors may more easily discover bankruptcy asset sales.
Why is it that those who are best skilled at advocating for others are ill-equipped at advocating for their own skills and what to do about it?
Active reading comprises many daily tasks lawyers engage in, including highlighting, annotating, note taking, comparing and searching texts. It demands more than flipping or turning pages.
Blockchain domain names offer decentralized alternatives to traditional DNS-based domain names, promising enhanced security, privacy and censorship resistance. However, these benefits come with significant challenges, particularly for brand owners seeking to protect their trademarks in these new digital spaces.
The DOJ's Criminal Division issued three declinations since the issuance of the revised CEP a year ago. Review of these cases gives insight into DOJ's implementation of the new policy in practice.