Bookkeeping and Accounting for Bloggers

As a blogger, effectively tracking and accounting for various income streams and expenses is crucial. Bench Accounting can assist you with this. Our bookkeepers categorize your income and expenses, making it easy to understand exactly where your money is coming from and where it's going. Combined with our easy-to-use expense tracking software, you'll always have a clear picture of your financial situation.

For diverse income streams like sponsored content, ad revenue, affiliate marketing, and product sales, our team will create separate categories. Plus, common blogger expenses like website hosting, photography equipment, graphic design software, etc., will be individually tracked for tax purposes.

In addition, our monthly financial statements provide an in-depth summary of your income and expenses. This not only simplifies tax filing, but also equips you with financial insights that help drive your blogging business's profitability.

If there's a unique income source or unusual expenditure related to your blog that you're uncertain about, our in-house team of bookkeepers is always ready to help. With Bench Accounting, managing the financial side of your blogging business becomes undemanding.

As a professional blogger, there are several tax deductions that you may be eligible for including:

• Home office expenses: If a section of your home is used exclusively for blogging, you can deduct expenses for the business use of your home.
• Internet and phone bills: If you use the internet and phone for your business, you can claim these as expenses.
• Hardware and software: Laptops, cameras, and even the blogging software you use can be deductible.
• Travel expenses: If your blog requires travel, you’re able to deduct travel costs that are directly related to your blog.
• Advertising expenses: Costs to advertise your blog on other websites, social media platforms or in other ways can be deductible.
• Education expenses: If you take courses to improve your blogging skills, those can also be deductible.

For a more comprehensive understanding, it's recommended to consult with a tax professional.

Bench Accounting offers an ideal solution for bloggers with international audience and revenue. Our skilled team has extensive experience in dealing with complex international transactions. We offer services that include tracking income and expenses, handling varying currency conversions and managing multiple accounts.

With Bench, your financial situation is always clear and accessible. Our real-time updates and in-house financial reporting mean you always know where you stand at any moment. Moreover, Bench offers tax season support to make sure you are fully compliant with all the tax obligations in the countries you operate. This way, you can focus your attention on what you do best - writing and engaging with your international community.

Nope! All bookkeeping is completed in-house.

Your bookkeeper will be your main point of contact, but at times you might hear from another member of your team. This is usually when your bookkeeper goes on vacation, is sick, or otherwise unavailable.

We handle the bookkeeping for you but sometimes we’ll need your input, especially at year-end. On average, expect to spend 15 minutes each month answering questions for your bookkeeper, or uploading supporting docs.