2007-11-07
Thursday Thirteen - 13 Tax Deductions
With all the money I'm making from Payperpost, I will sure enough need to find some tax deductions. After checking out what can and cannot be counted, I picked some that I will be using.
- Internet Bill--Ours is through Wildblue which means mega bucks a month.
- Hosting Fees--Yep, I'm paid for a year but you can bet that will be added on!
- Domain Fees--Yep, I've got 5 or 6 so far;) That quickly adds up.
- Office Supplies--I LOVE office supplies but they can get quite costly.
- Templete/Theme/Logo Fees--Did some things here and there.
- Advertising--I did some advertising too. That really paid off!
- Paid Submission--I submitted my site to a few places that I had to pay for so you can bet I will count it in.
- Coaching--I needed some advice from the high rollers:)
- Business cards--I haven't done it yet but it's in the plans.
- Camera & acc.--I use my camera nonstop for my blogging. The memory card, batteries, etc will be a great deduction.
- TAX software--Yes, you can deduct this too. I do my online every year so I qualify for this.
- Images--I have quite a few images, including my cowgirl you see in the header. These are deductible as well.
- Blogging software--This can be photoshop or web form builders. Lots can go under this that would qualify.
November 8, 2007 12:23 AM
Thanks for the list, I'll be needing to deduct a lot of those too. Plus deducting the computer since ours died and I use the new one to make $ blogging. :)
November 8, 2007 2:28 AM
Hmmm... at this rate the government will be owing you!
November 8, 2007 7:06 AM
Oooh! You have a fun site! I'm impressed with your html knowledge. Thanks for the great and informative list.
Hop on over to mine if you'd like to get added to my TT blogroll (and you can check out my 13 immunity-boosters for the cold and flu season).
Maria
www.jubileeonearth.com
November 8, 2007 10:40 AM
YES! This is what I love about my Mary Kay business. I can claim all auto maintainance and some mileage too. My cell phone bill. You can also claim some of your house payment and utilities. Can you say HOME OFFICE!! (I'm in accounting, can you tell?) Computer equipment too.
November 8, 2007 12:01 PM
Great to be paid for what you love!
Happy TT~
http://sassyfrazz.blogspot.com/2007/11/things-you-should-know.html
November 8, 2007 1:56 PM
Great suggestions! I haven't thought about taxes yet, but its right around the corner.
Its so cool to be able to deduct computer and blogging expenses now that we are making money with it!!
Yeehaw!
November 8, 2007 9:18 PM
Pay Per Post rejected my blog, so I guess I should slow down on my expenses, tax deductible or not ! ;)