March 21, 2023
The Wall Street Journal interviewed Partner Andrew Finkle about the tax treatment of social media influencers.
The Wall Street Journal
By Ashley Wong
Excerpt:
“The IRS is going to be very aggressive, in my opinion, in finding income in all of this free stuff,” Mr. Finkle added. “So then it becomes incumbent upon the individual influencer to prove otherwise.”
“And, you know, it’s hard for an influencer to make the case that something is a gift if they are actively promoting it,” he said.
