Do earnings of $50 qualify your blog as a business? Well Philadelphia thinks so-to the tune of $300.
Social media sites are buzzing about an article published in the Philadelphia City Paper featuring a story of Marilyn Bess who blogs at Ms Philly Organic. The irony of the situation is that all this press will bring plenty of traffic which could generate more revenue for the blog. Interesting predicament to be in…
On one hand, I agree with the charge. A business is a business whether it’s online or offline. If you expect benefits of a business, mainly being paid money, then you have to take the responsibilities of owning a business-paying taxes. The part that’s a little touchy for me is that such small amounts($50 and even $11!) in earnings classifies you as a business. As Andrea Mannio of the Philadelphia Department of Revenue puts it, just making the choice to possibly earn revenue from ads (aka Adsense), regardless of the amount earned, means you have identified your blog as a business.
What do you think? Share in the comments below.
photo credit: rychlepozicky.com
