September 17, 2018

Is QuickBooks Right for your Blog Bookkeeping?

Your blog is growing! You are finally starting to see some blog revenue, and of course, you’ve had expenses for a while now. You know it’s time to get a handle on your blog bookkeeping, otherwise, you’ll have a mess come tax time. You have heard people talk about QuickBooks. Is QuickBooks right for your

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September 5, 2018

How do I pay myself from my small business?

“How do I pay myself from my small business?” is one of the most common questions I am asked. Related to this question is, how much can I pay myself? If you are sole-proprietor or a single-member LLC (not filing as an S-Corp), the answer is shockingly simple. You can pay yourself how much you

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August 21, 2018

101 Tax Deductions for Bloggers

Don’t miss out on a single tax deduction for your blog business. There are many tax deductions for bloggers that you can take. Here are 101 tax deductions to get you started!   This post contains affiliate links, see my disclosure here. This post is meant for general informational purposes only, and should not be

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March 27, 2018

Major Sales Tax Changes with Wide Reaching Effects

Sales tax was never fun. But it could be getting worse. And no, this is not a click-bait headline scam, “5 Reasons You’re Failing at Sales Tax” or some nonsense like that! It’s for real. This is all somewhat recent news to me. So let me explain what I’ve learned so far, and some of

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March 6, 2018

Are Coaching Fees a Business Expense?

Great question from Courtney at Charity Sparrow. I have a business coach I pay monthly. Is this a tax-deductible business expense?

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October 23, 2017

How to Get a Home Office Tax Deduction

As a small business owner, saving money wherever you can is a major key to success. Learn how to get a home office tax deduction, so you can pay less come tax time. Let me walk you through how to get this often overlooked tax deduction. In order to claim a home office tax deduction,

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February 19, 2017

Can I Write-off the Purchase of Business Books?

Today’s question is from Elizabeth of Paper Bliss Designs.   Can I write-off business books or business planners/workbooks at tax time?   Great question Elizabeth! As with most things regarding the IRS, every situation is unique and there is a lot of room for interpretation. The general rules regarding business expenses are that they must

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