Comments on: Deductions, Taxes, and the Blogger: What an Accountant Learned from the IRS

By: minnemom

minnemom — Mon, 13 Dec 2010 18:30:42 +0000

Sherry, I believe someone asked about the ad sales, and I’m trying to remember the answer (since it was a year ago). Seems to me that it may vary by state. I don’t know where you’d find definite answers, though.

Glad the info was the same as what you got from your accountant.

Linda

By: Sherry Ott

Sherry Ott — Mon, 13 Dec 2010 14:16:13 +0000

Thanks for the great recap – very useful. I just met with my tax accountant everything you said was in line with what I was told from them. I hate record keeping…but it’s a necessary evil.
Did they say anything about charging taxes on the sales of ads on blogs? Or charging taxes on the sales of ebook, or other virtual products which don’t require shipping?
.-= Sherry Ott´s last blog ..signs =-.

By: Bloggers and Taxes: A Few Questions and Thoughts | Tree, Root, and Twig

Bloggers and Taxes: A Few Questions and Thoughts | Tree, Root, and Twig — Wed, 20 Oct 2010 12:08:32 +0000

[...] to several sources, online and off, the products I have received for review are considered taxable income. I have to claim the fair market value (not the discounted price I can find at Amazon, etc) of [...]

By: Anil

Anil — Sun, 22 Nov 2009 01:33:08 +0000

The taxes associated with blogging and having your own company can be pretty complicated. I think it’s worth seeing a professional if you’re headed down this path at least once in the beginning. Lots of people think they can make some money and deduct everything…not the case!
.-= Anil´s last blog ..3 Travel Secrets of Frequent Travelers =-.

By: Jenni Ingersoll

Jenni Ingersoll — Sat, 21 Nov 2009 10:38:46 +0000

Thank you so much for passing this along …. a lot to absorb all at once. Especially glad you mentioned about the items received to review — I am not sure I would have ever thought of that, hopefully our accountant would !!!

By: Travels with Children by minnemom » Thoughts from the I_Blog Conference

Travels with Children by minnemom » Thoughts from the I_Blog Conference — Mon, 16 Nov 2009 15:26:17 +0000

[...] Speakers and Topics: This was definitely the best part of the conference. Topics were relevant to blogging issues, both for beginning bloggers and for those who are already established. Presentations were given on blogging basics, tax implications of blogging, using and improving photography in blogs, the FTC rulings and their effect on bloggers, using time well, and building community. The keynote speaker, Jennic Law of Kangaroo Boo, had a heartwarming and motivational story to tell. Professional headshots were taken of each attendee. (I wrote a previous post on taxes and bloggers.) [...]

By: Jody

Jody — Mon, 16 Nov 2009 15:19:13 +0000

That's a great recap, Linda. Thanks for taking such great notes! .-= Jody´s last blog ..Keynote Speaker: Jennic Law from KangarooBoo =-.