Sometime last week, Darren posted something about getting an account to do the dirty work for his blogging business.
As you grow your blog and earn significantly from it until such time that it has become your primary source of revenue, it also means that taxes are to be applied to it as well. True? Yes. But are bloggers likely to declare their real Adsense earnings? That I am not sure.
I once asked my accountant about it and he mentioned to me that such revenues could be placed under the category of “professional fees”. Well, I guess so too as one could very well say that I’m a professional blogger (meaning: blogging for profit).
As for me, my accountant takes care of that (with some sort of witchcraft or magic). :D