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Updated for Current Tax Laws and Forms
Starting a blog is so exciting! Many bloggers start a hobby blog just for fun, but quickly realize the potential for blogging for profit. No matter what type of blogger you are, there can be tax ramifications of blogging. Earning even small amounts of income can trigger taxes for small business, and the need to file a tax return with the IRS. Don't let these concerns take away from the fun of blogging. With this easy to read guide you can quickly understand what you need to know in regard to taxes and your blog. After reading this book you will know: -If your blog is a hobby or a business -What business structure to choose -How to register your business with your state and the IRS -Easy tax deductions you can take as a blogger -What tax form to file as a blogger -Where to record tax deductions on your tax form -What blogging income to record as revenue -If you need to pay self-employment tax -And much more! Although the information in this book is geared toward bloggers, it is also 100% applicable to anyone with a small business. Who this book is for: -Anyone with a hobby blog -Anyone blogging as a business -Anyone interested in understanding small business tax deductions -Anyone interested in small business taxation -Anyone interested in understanding taxes for self-employed -Any small business owner in the United States Blogging should be fun! Don't let taxes make your worried. Quickly understand all you need to know about taxes as a blogger so you can spend your time focusing on what you love most . . . blogging!
Starting a blog is so exciting! Many bloggers start a hobby blog just for fun, but quickly realize the potential for blogging for profit. No matter what type of blogger you are, there can be tax ramifications of blogging. Earning even small amounts of income can trigger taxes for small business, and the need to file a tax return with the IRS. Don't let these concerns take away from the fun of blogging. With this easy to read guide you can quickly understand what you need to know in regard to taxes and your blog. After reading this book you will know: -If your blog is a hobby or a business -What business structure to choose -How to register your business with your state and the IRS -Easy tax deductions you can take as a blogger -What tax form to file as a blogger -Where to record tax deductions on your tax form -What blogging income to record as revenue -If you need to pay self-employment tax -And much more! Although the information in this book is geared toward bloggers, it is also 100% applicable to anyone with a small business. Who this book is for: -Anyone with a hobby blog -Anyone blogging as a business -Anyone interested in understanding small business tax deductions -Anyone interested in small business taxation -Anyone interested in understanding taxes for self-employed -Any small business owner in the United States Blogging should be fun! Don't let taxes make your worried. Quickly understand all you need to know about taxes as a blogger so you can spend your time focusing on what you love most . . . blogging!
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