YouTube and influencer business trends newsletter February 27 - Business Insider

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Peloton instructors become Instagram stars, the influencer PR power list, and a TikTok famous cat

At many jobs, a portion of your income is automatically deducted from your paycheck for taxes. But when you work for yourself, you are responsible for deducting this amount out and for keeping track of every dollar you earn.

They broke down four steps for conquering tax season as a social-media creator, from the best ways to keep track of both your income and expenses, to what you can deduct as a business expense. Dan spoke with JJ Yosh, the owner of one adventure cat influencer named Simon, about the duo's digital business. Yosh has built a large following on Instagram and TikTok by filming and photographing his hiking trips with Simon.

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