h&r block: bloggers q&a
DESCRIPTION
H&R Block is hosting an educational talk in 10 cities around the USA on what Social Media folks should know this tax season (bloggers who got 1099's as well as people with affiliate revenues, contractors working for you for the first time, deductions and even the stimulus package).TRANSCRIPT
Blogging for Business
YOUR BLOGGING BUSINESS Recordkeeping
Complete records Separate accounts Safeguard
Home office deduction Principal place of business Regular and exclusive tests
YOUR BLOGGING BUSINESS (continued) What is taxable income?
Advertisers’ fees Other revenue
What’s deductible? Advertising Supplies Home office deduction Business insurance Depreciation
YOUR BLOGGING BUSINESS (continued) Tax filing
Which forms/schedules? What if there’s a loss? Is it a hobby? Estimated tax payments
Take care of you Retirement plan choices Health insurance Business insurance