wahm
More SAHMs Convert To WAHMs
In this day and age of rising costs of living it’s more and more difficult for a family to have a parent at home full time without an income. More stay at home Moms (SAHM) than ever are now looking to become WAHMs (work at home moms.) There are also a lot of SAHD’s / WAHD’s (at home Dads) as well.
Beyond home sales programs like Mary Kay or Avon or MLM programs like Amway many women are deciding to do professional careers from their home offices while they enjoy being there for their children. Many work part time and full time from home making as much money as they did outside the home with the added benefit of saving on childcare and having flexibility.
Many find that they need child care at least part of the time because their work at home careers keep them busy enough to warrant it. Some elect to do part time day care or Montessori programs for their kids or have a mother’s helper in for a few hours a day to lend a hand.
With professional virtual assistant and freelance jobs available, there are more options than ever. Peruse through our archives for information about many work at home jobs.
~~~~~
Get Info About Paid Survey Job Options
Is WAH Money Free Money? Taxman Implications
Work at home income is considered taxable income so it should be claimed at tax time. If you earn an income from any source, it shoudn’t be considered tax-free. Take care of your taxes promptly to avoid being audited.
Do WAH Jobs Take Off Tax?
Some companies that pay telecommuters pay them and withdraw applicable employment taxes with you if you work directly for them but the vast majority of companies leave you to deal with your own taxes. Whether or not you get any type of W-9 or T-4, etc at tax time, you are not off the hook.
What does that mean?
It means you need to be organized if you’re making an online income from many sources. Freelance professionals should consider buying tax or accounting software that enables them to track their work invoices and their expenses.
Some work at home professionals submit quarterly reports to their government and some experienced internet professionals hire an accountant. Here are some tips:
Track Your Income and Your Expenses
-Assign a work order # to each client you work with. You might create a system based on a software package or even on a spreadsheet with numbers you’ve assigned.
-Keep all bank statements and note any income that came in through direct deposits, and cheques.
-Keep track of payments received through places like PayPal or Wire transfer companies such as MoneyBookers.
-Keep track of your expenses.
Expenses may be helpful to you at tax time as a self-employed individual so keep track of office supplies and other expenses related to your at home job.
Getting Paid To Blog
There’s a lot that can be said about paid blogging. Some people blog as a hobby and others make full time incomes blogging and ghostblogging. If you’re a good writer and find a great subject, you can make money blogging. Even if you just want an online home, you can use your blog as a wee soapbox about something you enjoy or are passionate about and can make some income while you’re at it.
There are paid to blog companies that will pay you to put posts on your blog with a link to their client’s website. Blogging helps companies get search engine rankings which can bring them more traffic so they might be willing to pay from $5 to $25 just for a paragraph.
There are also blogging networks that will give you profit sharing or pay per post to blog for them.
And, you can start your own blog by blogging with Blogger or WordPress and make money that way as well as the best way which is to buy your own domain and create your own blog.
Here are some great resources to help you get started:
http://www.problogger.net Free advice about blogging
http://blogger.com free blogs
Review Me – Write Reviews for Cash!
Blogsvertise Write blog entries and get paid monthly
Today.com Join the VIP program and make money per post plus profit sharing
Once you have a blog there are many ways to monetize it through affiliate marketing and through Google Adsense. You can join Adsense and capitalize by earning from your blog or website.
As the owner of many blogs and several that are making me regular money, I can tell you that the best way to ensure you make money blogging is to create multiple ways your blog can earn money. I’ll be writing more on this subject in the future so feel free to subscribe to this blog so you can get money making information delivered to your inbox.
