Confused about gifts and taxes?

This video by Amy Northard, the accountant for creatives, dives into everything you need to know:

- Who reports gifts (and when)?
- The difference between annual exclusion and gift tax
- How content creators & influencers should handle gifts
- Red flags to watch out for and tips for keeping records

Whether you're a regular taxpayer, a content creator, or simply someone who loves giving and receiving gifts, this video is for you!

#gifttax #taxes #gifts #contentcreators #influencers #IRS

P.S. This video is for informational purposes only and should not be considered tax advice. Always consult with a qualified tax professional for personalized guidance.