Simple Blog Taxes

Tax Deductions for Bloggers: 14 Expenses to Remember

Tax deductions for bloggers.

Taxes can be frustrating. There is no nice way to say it. But there is one thing everyone likes- Deductions!

I think a lot of people take up blogging as a potential revenue stream because there are minimal start-up costs. You don’t need much outside your computer. But, like all hobbies or businesses, there are expenses to the blogging business.

Even if you have been tracking your expenses and blogging income, you might not be sure if you have forgotten anything on your tax return. You don’t want to miss anything! I’ve compiled a list of 15 tax deductions for bloggers to help you out.

Is My Blog a Business or a Hobby? Deciding for Tax Time

Is my blog a business or a hobby? How to decide come tax time.

In the blogging world, there is a lot of talk about monetization. Everyone likes making money. Some people blog with the express interest in making a profit, while others view it as a happy bonus if they make some extra cash.

Does how you run your blog matter? Well on a blog level no, it is up to you. But if you are making money blogging, then come tax time yes. It does matter.

Hobbies and businesses have different tax requirements. So the question is then: Is my blog a business or a hobby?

Blog Bookkeeping Organization: Getting Your System Started

Blog Bookkeeping Organization

Taking your blog to the next level by monetizing is very exciting. There are so many opportunities! But with these new chances to add to your family’s income come additional requirements.

A big one? You have to pay taxes on that newfound income. Yep, you are a business owner now and that means paying attention to that balance sheet. This means you are going to need to keep track of your income and expenses.

In order to do that, you need a system of just gathering and keeping that information. It’s time to face what most people want to ignore- your bookkeeping system.

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