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Faris CPA Addresses Canadian Income-Tax Implications for OnlyFans & Social Media Influencers Experiencing CRA Audit Issues
Faris CPA expands its guide for OnlyFans models in Canada to address new tax laws. The guide covers key changes affecting income reporting, deductions, and CRA audits, offering tailored tax guidance to content creators and social media influencers fo
Faris CPA expands its guide for OnlyFans models in Canada to address new tax laws. The guide covers key changes affecting income reporting, deductions, and CRA audits, offering tailored tax guidance to content creators and social media influencers for compliance and peace of mind.Toronto, Ontario, Canada - August 13, 2024 — Faris CPA, a leading accounting firm in Toronto, is pleased to announce a substantial expansion to our essential guide for OnlyFans models, “Your Guide to OnlyFans Taxes in Canada,” to help them navigate the complexities of Canadian income tax regulations and CRA audits. This expansion comes as a result of the proposed and implemented changes to Canadian tax laws introduced in Budget 2024, that may affect OnlyFans models and social media influencers.Insights on Recent Tax Law Changes with Budget 2024