Be Blogalicious March 2015 - Be Blogalicious

March 2015 Archive

Bloggers: Before You File, Consider These Tax Tips :: Guest Post by Crystal Colon

Bloggers: Before You File, Consider These Tax Tips :: Guest Post by Crystal Colon

crystal-colon-guest-post-tax-tips-blogalicious
Bloggers! It’s tax time.  Just the thought sends people into a panic. However, there is no need. If you are armed with the right information, tax time can be a breeze. I wanted to share with you a few tax tips based on my years of experience as an Accountant reviewing financial records, as well as being a small business owner.

1)Don’t go at it alone.

Don’t make the mistake of thinking that tax software such as TurboTax is easy.  Such software asks open ended questions that can lead to large deficiencies and penalties if you don’t have knowledge of the tax law.  For example, TurboTax may ask you, “Do you wear special clothing for work?”  You check yes.  But unless you wear special clothing that is unsuitable for daily wear or is mandatory, you can’t claim the deduction. An example of this would be a hard hat or steel toe boots, which are items that aren’t suitable to walk around in during your normal non-work day.

2. Report all your income!

This should go without saying. However, you would be surprised at how many people don’t report income and say, “ I didn’t receive my 1099.”  You are responsible for reporting income regardless of receiving an information return (Form 1099 or W-2, etc) from the person for whom you worked. An easy way to ensure you have the correct income at your finger tips is to solely use Paypal to collect your  business income. This way, at years end, Paypal will send you the required 1099-K and you don’t have to worry about collecting Forms 1099 from various individuals and/or companies.
*I recommend having the business Paypal account*

3. Ask the right questions!

When it comes to choosing a return preparer, don’t rely solely on word of mouth.  Don’t choose a preparer because you heard that the preparer can secure you a large refund. Remember, a refund means you are receiving money back because you overpaid. So don’t think you will get an $8,000 refund if you haven’t given the government at least that much during the prior year in the form of withholdings or estimated payments. Everyone’s tax situation is unique.  If you do meet with someone whom you were referred to, ask them if they have experience with your industry.  For us that would be blogging.  Ask what their credentials are.  If something doesn’t look right, ask!  Remember, even if you have a preparer, YOU will be responsible for any errors on the return.

4. Is your home office really an office?

The home office deduction is a tricky son of a gun! Many people think that if they work in their home they are entitled to deduct expenses related to doing so. That simply is not true.  Make sure that you have a DEDICATED space that is used for work.  No kitchen or dining room table.  Also be sure it is a space that, if audited, would look like an office that is used for work and that is for YOU and YOUR business. Not the space set aside for the kids to do homework on the family computer. Also, remember that the first telephone line in the home is not deductible. So if you use the home phone for your business, you can’t deduct that cost, unless it is the second phone line.
I hope these few tax tips help you at tax time!!! Now go out there and MAKE THAT MONEY!
crystal-colon-guest-post-tax-tips-blogalicious Crystal Colon is the owner of Flor Bella Boutique, an online  accessory shop.  She is a married mother of two daughters. Crystal  is a veteran of the US Army having served her country during  Operation Iraqi Freedom.  She has a bachelor’s degree in  accounting and her MBA.  Since 2006 she has worked in her  current position evaluating the accounting records of small  business and self employed individuals.
Love, Primetime, Being Present, and Ending Poverty :: Blogalicious Weekly Round Up – 6th Edition
WRU3.11
Have You Purchased Your Copy of Loving In The Grown ZoneThe Blogalicious community is so proud of Alfred Edmond Jr. and Zara Green and the launch of their new book: Loving In The Grown Zone: A No-Nonsense Guide to Making Healthy Decisions In the Quest for Loving, Romantic Relationships, of Honor, Esteem, and Respect.   Learn all about it and join in on the Blog Tour, HERE.
Black Girls Rock.  But we knew that. We’re so excited that Tracee Ellis Ross and Regina King will return to the stage as co-hosts of “BLACK GIRLS ROCK!” for the fourth time. The televised primetime special, celebrating its fifth year, that honors the triumphs of inspirational African American women who are trailblazers in the areas of art, philanthropy, sports, and community service.  Tune in to BET on Sunday, April 5th at 7pm ET!
Be Present.  Caught up in the Instagram vortex? We confess that we’ve been guilty of that too. This beautiful post on My Brown Baby, contributed by Tracey Michae’l Lewis-Giggetts reminds us to be mentally and emotionally present so that we can appreciate and experience all of the precious moments that we are blessed with. Put down your smartphone this weekend and live in the moment.
Women’s Rights Are Everyone’s Rights. Some of the world’s most prominent and credible female voices – including Beyoncé, Meryl Streep, Lady Gaga, Sheryl Sandberg, Charlize Theron, and Angelique Kidjo – have a VERY important message about the girls and women of the world. Learn more and sign the ONE.org petition to help end poverty for girls and women by 2030, HERE.
Your Daily Dose of Inspiration :: Celebrating Women’s History Month

Your Daily Dose of Inspiration :: Celebrating Women’s History Month

womens-history-month-2015-be-blogalicious

This is a man’s world, but it wouldn’t be nothing, nothing without a woman or a girl! ~James Brown 

This month we’re celebrating Women’s History Month. Check back here every day for a new quote penned by @JusticeFergie. If you pin/share the images, please credit the source. :-)

 

womens-history-month-2015-be-blogalicious

“Don’t mistake politeness for lack of strength.” – Sonia Sotomayor

womens-history-month-2015-be-blogalicious

“There’s no greater gift you can give or receive than to honor your calling. It’s what you were born to do.” – Oprah

 

womens-history-month-2015-be-blogalicious

“Never doubt that a small group of thoughtful, committed, citizens can change the world. Indeed, it is the only thing that ever has.” – Margaret Mead

 

womens-history-month-2015-be-blogalicious

“There’s a special place in hell for women who don’t help other women.” – Madeleine Albright

womens-history-month-2015-be-blogalicious

“I have the right to speak up.” ~ Malala Yousafzai

womens-history-month-2015-be-blogalicious

“Focus on something outside of yourself. Devote a slice of your energies towards making the world suck less every week.”  ~Shonda Rhimes

How will you celebrate Women’s History Month?

Murder, Munchies and Money :: Blogalicious Weekly Round Up

Murder, Munchies and Money :: Blogalicious Weekly Round Up

march-3ms-money-weekly-round-up-be-blogalicious

 

Want to know what’s happening in our community, on television and in feminism? Our Murder, Munchies and Money round up this week is the perfect place to start. Dive right in and see what’s going on.

Happy Birthday, Mabel’s Labels!

mabels labels

Blogalicious Weekend conference sponsor and supporter, Mabel’s Labels celebrated their 12th birthday on Monday.  In celebration they are offering 40% all month on their products. Be sure to follow their social media channels for birthday contest giveaways.

Who Killed Rebecca?!

Did you catch that suspenseful 2-hour “How To Get Away With Murder” finale? Even if you missed a couple of episodes, the frequent flash back scenes will get you all caught up. Now we have to wait 6 months to find out who killed Rebecca! Aja Naomi who plays ‘Michaela’ dishes on behind-the-scenes thoughts on the finale. 

Ensalada de Bacalao Salad

salad

Lenten season is here and if you’re tired of the same ole’ fish dish on Fridays, @ModernMami shares a delicious Ensalada de Bacalao Salad recipe she ate frequently as a kid. Doesn’t this meal look amazing? The best part is that its nutritious and healthy, so you health conscious folks can enjoy a guilt free meal!

Know Your Value

Ladies, how many of you wince and cower when it comes to negotiating your salary for a new gig or sponsored content? Studies show that women are less likely to negotiate for a higher salary for many different reasons, but the biggest reason being most women haven’t been taught to ask for more! Miko Brzezinski is launching the “Know Your Value” conference series in several major cities. She’s on a mission to “help women remove those barriers and stop leaving money on the table.” This kind of empowerment is just what hard working women need!

Murder, Munchies and Money :: Blogalicious Weekly Round Up

Facebook Twitter Pinterest Instagram Google+ Sign Up for the Newsletter