When To Make Your Blog An LLC

Melyssa (@_MYCC on Twitter) asks when the best time is to start legally protecting your blog. I’m going to breakdown when you should legally protect your blog as a business and give you 3 steps to protecting your brand, and how to get it done.

WHEN TO MONETIZE

  • Best time to create a LLC is as soon as you begin to make money from your blog.
  • It forces you to take your brand seriously.

TAX DEDUCTIONS

  • EXAMPLE: Once I started making more than $1000 a year, it became important to pay my taxes on a quarterly basis.
  • Tax Deductions: Website, Hosting, amount you paid for domain, wireless bill, home office, business cards, memberships, camera, lens, P.O. Box, accounting fees.
  • Don’t overlook things such as travel. You can write off transportation, entertainment, meals, and hotel.
  • Make sure you’re tracking everything. Keep expense sheets, that way it is much easier when speaking with your accountant.
  • On a monthly basis, write down all of your expenses.
  • DEFINITELY consult with a professional in regards to expenses once your blog starts bringing in money.

The Mattieologie podcast (formerly #AskMattie) is posted Monday thru Friday. If you have a question for me on style, life or blogging, send your name, URL & city + your question to [email protected]. Listen below or subscribe on iTunes.

[soundcloud url="https://api.soundcloud.com/tracks/217690492" params="color=ff5500&inverse=false&auto_play=false&show_user=true" width="100%" height="20" iframe="true" /]