25 Tax Time Deductions Tips for Freelancers
February 27, 2012
Topics: Blog, Blogging Tips
Getting your documents ready for tax time can be stressful especially as freelancer. Knowing what can and can not be deducted can result in confusion, distraction and often mishandling of important documents.
Here are just some of the expenses you should look into deducting for the upcoming tax season.
Note: it is extremely important to sit down and have a chat with your accountant and find out what tax deductions apply to you and save your receipts.
- Business incorporation costs, Trademarks or Copyrights
- Logos and other graphic design fees
- Business cards, letterhead and other stationery
- Office supplies
- Photo purchases for your blog
- SEO services and fees
- Paid site submissions
- Website hosting fees
- Website design and/or maintenance fees
- Website/blog templates
- Domain name cost(s) and renewals
- Blog expenses (e.g. WordPress additions)
- Digital cameras, memory cards
- Internet
- Stock photos purchases for your blog
- Phone line, cell phone, fax
- Transportation costs (car mileage, parking fees, airline tickets, tolls)
- Donations
- Video camera/web camera
- Conference costs, plus related expenses.
- Hotel costs for business trips
- Business related classes
- Software licensing fees, anti-virus/anti-spam subscriptions
- Computer equipment, printer
- If you work from home you can write-off a portion of your home insurance
Jessie Nuez a native New Yorker covering stories that focus on mobile and personal technologies. When You can find Jessie writing for her site Hecho Para Mama. Follow her on Twitter @JessieNuez.
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Sylvia
I have a question about the products and gift card that we recived for reviews and giveaways,
we need to declare those too? All the prices that we win in the giveways?
Thank you for this information
Sylvia recently posted..Look the Paula Patton en el Vanity Fair Oscar Party -
AlvaradoFrazier
This came at just the right time. I’d wondered if these items were tax-deductible. Now I have to gather up the supporting doc’s. If I get back more $$ or pay less then it’s all worth it. Thank you Jessie!
AlvaradoFrazier recently posted..Knowledge and Crazy Blog Title’s -
Lilian Hurn - Súper Baratísimo o Gratis
Thanks for this information are very helpful.
Lilian Hurn – Súper Baratísimo o Gratis recently posted..Gratis Coffe Mate el 23 de Marzo para los primeros 200,000 -
Katrine
I don’t know what kind of discount shop I need to consider, because every movement I do at shopping center is reliable with a lot of taxes…
Katrine recently posted..Provestra -
Missy
Thanks for the tax tips, as as blogger it can be hard to figure all this stuff out. So it’s appreciated when all this is sort of handled for us.
Cheers!
Missy recently posted..Flight Attendant Costume: Fly The Sexy Skies -
book keeping adelaide
Great Site, Thanks! Keep up the good work.
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Yokasta Schneider
This is excellent. There several items I had not thought of. Gracias!!!
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