Reading this Post is Worth a minimum of $100

No, I'm not going to cut you a check, click your ads, or pay you for a review. There are plenty of sites which will do that, plus I don't want to get banned.

This article is mostly for US bloggers as the information is based on US taxes.

While your out there in the blogosphere trying to create a site which Yahoo or Google will swallow up for millions or at the very least make enough to quit your real job, there are a few things you can do to put a little money back in your pocket.

If you treat your website or blog as a business there are plenty of tax write off's you are entitled to as a business owner. Maybe you don't treat your blog/site as a business, but if you're making any revenue off of advertising, payperpost, etc. you have a businsess...plain and simple.

So what if you've only made $14.53 in revenue this year. You've spent time and money to create, manage, and run your blog. In doing so you've created several tax deductions which may be eligible for write off.

Here are a few examples:

If your internet service costs $30/month that's $360 a yr. of expense incurred to "run" your blog. This alone is worth close to $100 a year in deduction "income".

If you're using your computer, or if you purchase a new computer, you could potentially depreciate the value of your asset computer)over time. An accountant would have to advise you of the depreciation schedule for equipment.

How about software on your computer? Anti virus, annual subscriptions, etc. are all necessary expenses for keeping your business running smoothly.

If you have business cards, hand out flyers, etc. you can deduct some of your office expenses as well.

You could also have some promotional items such as t-shirts or e-books which you give away for free to market your site. Promtional items are 100% deductible.

If you go to blogging seminars or conferences you can write yourself a check for mileage and potentially write off travel expenses such as airfare or hotel accomadations.

You could even buy me dinner to discuss how to save money and write off 50% of the meal. :)

How about ebooks and/or SEO submissions you purchase to improve your traffic generation? It could be considered a write off under dues & subscriptions.

You may even be able to write off your cell phone if you need to be contacted with new blog content or if your site is down.

Here's another. If you use part of your home as your "office" you can potentially write off a portion of your utilities and any office furniture or upgrades you do to your home office.

Now I'm not an accountant nor do I play one on TV so you'll need to consult with a professional accountant to determine what you can and can't utilize as deductions on your tax return. I do imagine you will be able to utilize some of these ideas to save yourself some dineros and decrease your taxes due or increase your refund.

How many of you actually take advantage of your website/blog expenses on your tax returns? If you utilize deductions how much do you write off?

Feel free to comment with any other deductions which MIGHT be of use to all of us in the website/blog community.