If you’ve been following along with our Business of Blogging series, you’re now a Blogging-Accounting-Pro, or at least close to it! For the most part, when you start your blog you should be able to manage most bookkeeping and accounting tasks for yourself. However, if you’re diligent and determined to grow your blog, it will likely get to a point where you can no longer handle the demands of bookkeeping and accounting. That’s when we recommend you hire an expert.
Rather than providing a suggested dollar amount for which point to hire an expert, we recommend looking to outsource when your bookkeeping and accounting tasks are getting in the way of your creative work as a blogger. If you are spending money on your blog every week, receiving multiple streams of income, and not finding the time to match it all up, it may be time to hire an expert.
An accountant can help you manage your blog finances, stay current and in good standing with the IRS, and help you avoid any tax surprises. They can also provide you with guidance on deducting expenses properly and catch any mistakes you may have made in your bookkeeping.
Mazuma offers low-priced monthly plans for bloggers with no membership requirements. You just upload all of your blog receipts and income for your Vyde accountant and they take care of the rest. They also offer tax advice for your blog at any time, and at no additional fee. If you feel that your blog accounting and bookkeeping tasks have become unmanageable, give Vyde a call today.
Love this post in our Business of Blogging Series? You might also enjoy:
Separating the Blogging Myths from the Blogging Truths
Deciding on a Business Entity for your Blog
Obtaining a Tax ID Number and Proper Licenses to Run Your Blog Business
Start Making Money on Your Blog
Creating and Maintaining an Organized Bookkeeping System for Your Blog
Tracking Blog Expenses the Right Way
How to Create a Budget for Your Blog
Making Smart Investments in Your Blog Business
Paying Estimated Quarterly Taxes for Your Blog Business
Hiring an Expert to Manage Your Blog Finances