Your “brand” has commercial value and is taxable

By |2020-06-05T18:53:14+00:00July 23rd, 2019|Categories: Business Advice, Tax Planning|Tags: , , |

Federal Tax News Your Brand Generally, income generated by a self-employed taxpayer's trade or business is subject to self-employment tax. One successful author received royalty income from publishing contracts for her writing, her name and her likeness. She claimed that amounts received for her name and likeness (her "brand") were investment income, and [...]