Sunday, February 19, 2012

Your Blogging Business Review: Invaluable Income Tax Advice

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On February 18, 2012

Last modified: February 18, 2012

Summary:

Invaluable resource for Bloggers and Online Business owners, read my review of Your Blogging Business: Tax Talk & Tips eBook. Seriously, the best Income Tax advice you will ever get.

You know, I got contacted almost everyday by people who want me to review their products, services, themes, plugins, and books. I must say that I can not respond to every request, so I careful pick what I think is a winning horse.

And, definitely?Your Blogging Business eBook that I am reviewing today is an excellent and very handy resource for bloggers and online business?owners?who want to safely file their income Tax report.

How I Did My Income Tax Report Last Year

If you know me, then you know that I?ve moved recently to the States, only a couple of years ago.?So, practically I?ve filed only one income Tax report so far, that was for 2010.

And, what I did was heading to one of the H&R Block offices near to where I live, and I got them to do my Taxes for me. And, just FYI, I paid a total of $350 to get their assistance, which basically a lot of money considering that I?haven?t?earned a single dollar that year!

But anyways, it?s OK, I had no?experience?with IRS Laws that time, even being an accountant couldn?t help me enough to understand the full picture.

How I will do it this Year

The H&R Block?office called me a couple of weeks ago reminding me to visit them back this year to start doing my Taxes for 2011. things were complicated for me last year, but now I have more confident that I can do my stuff by my own. So, I went ahead and bought the do it at home package, and I am going to play with it in the coming a few days.

However,?last year I made quite good numbers, most of my income came from my design business and affiliate marketing.

By the way you can check a few of my income?reports?that I published before on the blog.

PayPal sent me a 1099-K of $56,990 gross amount of merchant card/third party network payments, and of course that?s not all, I had a few other 1099-K forms sent by some affiliate networks and one by Google AdSense, but PayPal is my biggest number.

This means I have some nice work to do this year to file my income Tax report!

Your Blogging Business

I got lucky when I got contacted by?Nikki Hughes the author of??Your Blogging Business?, which is basically deal with Tax! ?She sent me a copy of the eBook.

I was like Wow! I felt this eBook was written especially for me. Thanks Nikki :)

Your Blogging Business: Tax Talk & Tips eBook

Nikki is a Tax accountant and bookkeeper who turned to be one of us :) She has excellent writing skills in addition of being a?comedian at heart. You are going to love and enjoy every section of her eBook.

The Your Blogging Business: Tax Talk & Tips eBook?is Nikkie?s first book, and I easily can say it?s a well written resource, easy to understand,?absolutely?no complicated stuff.

This is a 87 pages of worthy information in 5 main sections that takes you thought the preparing and filing process, simplified to help you?understand?the whole thing. Sections of the eBook are:

  1. The tax side of things
  2. The bookkeeping side of things
  3. The tax-prep side of things
  4. Behind the scenes
  5. Resources and Examples

Of course I won?t be sharing what?s in the eBook, but I assure you it has all what you need to know about filing your Tax income.

I highly recommend Nikki?s?eBook to every blogger and online business owner. I hardly give a 5 stars rating for any product, simply because nothing is perfect, but I?appreciate?the effort and time spent to make this eBook?available for us, bloggers and internet marketers.

Source: http://www.famousbloggers.net/blogging-business-review.html

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