As a reminder for my American VTuber friends: Estimated quarterly taxes are due tomorrow (June 15th).
You can pay them directly on the IRS website. You don't have to submit extra paperwork until normal tax time, but you need to pay now. Estimate based on last year's total tax Γ· 4
i mean this in the kindest way possibleβ iβm begging vtubers to gain a crumb of financial literacy.
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please use a business bank account.
please put your savings and money you put aside for taxes and your extra business reinvestment money into high yield savings accounts.
put aside money for taxes.
give yourself a monthly budget.
you will not survive the kind of rollercoaster that is your income as a content creator if youβre not helping yourself. itβs literally the only way iβve been able to continue this job for six years despite being very small and going through MANY big emergencies without having to beg for donos every single month some years.
for the love of christ save for and open a retirement account (i donβt care how old you are, start right now.)