IM Home Business Tax Deductions.. What can I deduct?
1. I'm making money as an affiliate. So the various networks will simply send me a 1099, and then I simply report that as extra income when I do my personal income taxes, right?
2. I don't need to register with my state as a business, do I?
3. What can I legitimately deduct as business expenses? These are some things I've been told...
IM products I've purchased, like information products, even?
Software, plugins
Hosting
Phone if I made calls to promote products
Camtasia Studio
My new laptop
Internet Connection
What else?
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