Bench Accounting Shuts Down: What It Means for Content Creators and How to Move Forward
As someone deeply invested in the creator economy, I’ve seen firsthand how important it is for creators to have reliable support when it comes to managing their finances. That’s why the sudden news of Bench Accounting’s closure is such a shock – and why it’s leaving so many creators and influencers scrambling just days before the tax year ends.
If you’re a content creator or influencer who’s been relying on Bench, this can feel overwhelming to say the very least. Financial stability is the backbone of your creative business, and losing a key partner in managing your finances and taxes can throw everything off balance.
What Happened?
The sudden announcement of Bench Accounting’s closure has left countless creators scrambling, and this news can feel like a betrayal. Many former Bench clients have already found trust and stability with Cookie Finance, and it breaks our hearts to see creators and influencers feeling abandoned in such a critical moment. While this news creates uncertainty, it’s also a chance to reset and find a partner who truly understands and supports your unique needs.
Former Bench clients feeling the pressure: we’ve got you covered. We’re committed to being the trusted partner creators need to succeed.
What This Means for Content Creators
Creators have unique financial needs that not every accounting service understands. From unique income streams across platforms like TikTok, Instagram, YouTube, and Twitch, to specialized deductions for equipment, software, and travel, this space requires an incredibly tailored approach. With Bench Accounting shutting down at such a critical time, it can feel like a huge disruption, but it’s also an opportunity to reimagine how you approach your financial management.
Steps to Take Now
If you’re a content creator or influencer affected by Bench’s closure, here are some immediate steps to consider:
- Take Stock of Your Financials
Gather all your financial documents as soon as you can. While Bench says clients have until Friday, March 7th at 5:00 pm ET to download their Bench data, having everything organized earlier will make any transition easier. - Explore Trusted and Specialized Support
When it comes to managing your finances as a creator or influencer, not all accounting and bookkeeping services are created equal. The creator economy has very unique financial intricacies that traditional accountants may not fully understand. For example, how do you write off gaming equipment or categorize TikTok Shop income streams? These aren’t questions most accountants encounter, but for creators, they’re part of everyday life. This is why working with professionals who specialize in the creator economy is crucial. We don’t just help you with the basics – we understand the specific challenges and opportunities that come with your work. If you’re transitioning from Bench or simply looking for a better financial partner, now is the perfect time to explore options that align with your unique needs as a creator. Finding the right support can make all the difference in building a thriving, sustainable creative business. - Plan for the Future
This unexpected disruption is a great time to take a step back and assess your financial systems. Are they really supporting your growth as a creator, or are they just getting you by? The creator economy evolves quickly, and having the right tools and partners in place is essential for staying ahead, so take this opportunity to evaluate whether your current setup aligns with your goals. Are you maximizing deductions for expenses like gear and travel? Do your systems make it easy to track platform-specific income streams? If not, this could be the perfect moment to upgrade to a solution that better meets your unique needs.
Moving Forward
The creator economy continues to grow and evolve, and as someone who lives and breathes this space, I know how important it is to have partners who genuinely understand what you do. Whether you’re looking for short-term guidance or a long-term solution, If you have questions about navigating this transition or simply want to connect, feel free to reach out – we’re always here to support creators. The creator economy thrives on resilience and innovation, and I have no doubt that you’ll come out of this stronger than ever.
Here’s How We Can Help
To make the transition as smooth as possible, we’re offering an exclusive discount for former Bench clients. Our team will work closely with you to ensure your financials are in order, so you can focus on creating amazing content without the stress of tax season weighing you down.
We’re here to make this process painless. Simply:
- Book a call with us here.
- Or email us at [email protected].
We’ll take care of the rest.
This is a tough situation, but you’re not alone. At Cookie Finance, we’re dedicated to supporting creators like you through every financial challenge. Let’s tackle this together and ensure you’re set up for success in 2025.
