Before your readership takes off, it’s important to get your blog-related finances in order. Taking the time to set a good foundation now will help
Resources: IRS Publication 463: Travel, Entertainment, Gift, and Car Expenses Why YOU Should Care If you entertain clients, prospective contacts, or employees you may be
Resources: Form 1099-MISC (see “Current Products” section for most-recent version) Why YOU Should Care: If you worked as an independent contractor or freelancer during the year,
If you sell products, you are required to collect sales tax and submit it to your state. The Basics Sales tax must be collected on
If you maintain an office in your home, you may qualify to deduct certain expenses associated with the space, such as: Utilities Mortgage Interest Rent
Resources: IRS Publication 526: Charitable Contributions Eight Tips for Deducting Charitable Donations Substantiating Charitable Deductions Exempt Organization Search Why YOU Should Care: Your donations to
The small expenses of running a business can add up quickly, so be sure you keep track of the expenses you can deduct (i.e., subtract
Hosting a giveaway on your blog is a popular way to gain followers and build relationships with sponsors. However, there are tax consequences. There are
As you start to earn money from your blog, you need to keep adequate records to make sure you report all your income on your
Occasionally, I write for other business websites. Below is a preview of an article I wrote for CreateHype. I frequently work with people in the
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