Comments on: Blogging and taxes: does anybody know what the hell is going on? http://behindthescreen.selfishmom.com/2010/03/11/blogging-and-taxes-does-anybody-know-what-the-hell-is-going-on/ Wed, 01 Feb 2012 22:52:31 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Jennifer http://behindthescreen.selfishmom.com/2010/03/11/blogging-and-taxes-does-anybody-know-what-the-hell-is-going-on/comment-page-1/#comment-25 Jennifer Thu, 18 Mar 2010 17:47:18 +0000 http://behindthescreen.selfishmom.com/?p=45#comment-25 I am late reading this, but it's a very helpful post. Blogging is far from my "main" job right now, but I have always reported any advertising or other income, even if it's well under $600. I will be sure to keep track of any freebies I receive if they ever do start rolling in :D I contract for two different companies, so I'm familiar with keeping track of my own taxes. One book that I have found helpful is "Minding Her Own Business: The Self-Employed Woman's Guide to Taxes and Recordkeeping" by Jan Zobel. It helped me finally wrap my head around quarterly tax payments, which had me flummoxed for quite a while. If you keep good records and stay organized, taxes really don't have to be scary. I definitely err on the side of caution when it comes to deductions. Being audited would be just about my worst nightmare. I know a lot of people who like to play the odds and get extra money back, but I'm all about being ethical. I am late reading this, but it’s a very helpful post. Blogging is far from my “main” job right now, but I have always reported any advertising or other income, even if it’s well under $600. I will be sure to keep track of any freebies I receive if they ever do start rolling in :D

I contract for two different companies, so I’m familiar with keeping track of my own taxes. One book that I have found helpful is “Minding Her Own Business: The Self-Employed Woman’s Guide to Taxes and Recordkeeping” by Jan Zobel. It helped me finally wrap my head around quarterly tax payments, which had me flummoxed for quite a while. If you keep good records and stay organized, taxes really don’t have to be scary.

I definitely err on the side of caution when it comes to deductions. Being audited would be just about my worst nightmare. I know a lot of people who like to play the odds and get extra money back, but I’m all about being ethical.

]]> By: The Mommyologist http://behindthescreen.selfishmom.com/2010/03/11/blogging-and-taxes-does-anybody-know-what-the-hell-is-going-on/comment-page-1/#comment-20 The Mommyologist Thu, 11 Mar 2010 20:45:51 +0000 http://behindthescreen.selfishmom.com/?p=45#comment-20 I am so glad that you wrote this! My blog has just started taking off and I am clueless on the whole tax thing. I am hiring an accountant next year for sure. I tried doing everything on my own this year with a failed home party business that I got sucked into, and it has been hell on earth!! I am so glad that you wrote this! My blog has just started taking off and I am clueless on the whole tax thing. I am hiring an accountant next year for sure. I tried doing everything on my own this year with a failed home party business that I got sucked into, and it has been hell on earth!!

]]> By: Melissa Multitasking Mama http://behindthescreen.selfishmom.com/2010/03/11/blogging-and-taxes-does-anybody-know-what-the-hell-is-going-on/comment-page-1/#comment-18 Melissa Multitasking Mama Thu, 11 Mar 2010 19:51:17 +0000 http://behindthescreen.selfishmom.com/?p=45#comment-18 Thank you for this! Taxes are certainly on my mind...definitely an issue for 2010..I didn't make any money (worth claiming, I hope) with "the most expensive hobby in the world" (sorry, quoting my husband)until this year. Melissa Multitasking Mama´s last blog ..<a href="http://www.multitaskingmama.com/2010/03/fleeting-moments/" rel="nofollow">Fleeting Moments</a> Thank you for this! Taxes are certainly on my mind…definitely an issue for 2010..I didn’t make any money (worth claiming, I hope) with “the most expensive hobby in the world” (sorry, quoting my husband)until this year.
Melissa Multitasking Mama´s last blog ..Fleeting Moments

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