Welcome to episode 500 of The Food Blogger Pro Podcast! This is the second episode of our finance mini-series, and we’re excited for Bjork to interview Nate Coughran from Cookie Finance.
In our latest episode, Nate Coughran from Cookie Finance shares key tips for getting your finances on track as a creator. First off, setting up an LLC can protect your personal assets and reduce audit risk. Nate also recommends keeping separate bank accounts for your business—this makes tracking your money way easier and less stressful.
When it comes to taxes, creators can claim unique deductions, but it’s important to find the right balance. Nate emphasizes staying on top of your bookkeeping throughout the year to avoid end-of-year stress. And if you’re making over $75K, it’s worth hiring a pro to ensure your tax strategy is solid and you’re setting aside enough for taxes. It’s all about staying ahead and keeping things simple!