Comments on: How Do You Handle Your Blogging-Related Finances

By: Lavon Osche

Lavon Osche — Sun, 18 Dec 2011 07:48:22 +0000

Great blog. make party with our girls and rejoice with them on hot nights. they are hot and look forward to you

By: jackie sheeler

jackie sheeler — Sun, 14 Dec 2008 22:50:37 +0000

unfortunately, i am not going to have any problems with it this year. no income to report! lots of deductions, which will no doubt be disallowed.

i look forward to having to figure this out in the future, though!

By: Ed Sutherland

Ed Sutherland — Mon, 08 Dec 2008 19:45:58 +0000

Blogging is just another form of writing, so I pull its income (and expenses) into my overall balance sheet as freelance journalist. I’ve been toying with the idea of a LLC instead of a sole proprietorship, but have still to determine whether the advantages outweigh the costs of more paperwork and tax prep.

By: Jeffro2pt0

Jeffro2pt0 — Mon, 08 Dec 2008 12:57:32 +0000

Well, I have a feeling I really screwed myself due to my lack of information regarding what I was supposed to do after being paid to write. I completely bypassed the Uncle Sam part and now I’m catching up. I didn’t realize that bloggers who earn and income are considered self employed and are operating under a sole proprietorship unless otherwise stated. The tax man sure knows how to ruin a blogging party.

I won’t know what the damages are until after Jan 2nd which is when my local H&R Block offices open up. I simply couldn’t justify spending $100.00 an hour with a CPA

By: Dave Fowler

Dave Fowler — Sun, 07 Dec 2008 11:05:46 +0000

I’ve only just started to research this issue. Basically, going into blogging business with anyone from another continent is a nightmare – even if it’s only with the idea of splitting adsense revenue. Add taxation into the mix and it becomes very challenging. I sincerely hope to see some good pointers in the replies. And thanks for the article!