Buy Books and Software NOW for 2006 Tax Deductibility

The new year is approaching fast, which means the window for creating tax deductible expenses relating to your Internet business is fast closing. If you were thinking of buying books or software, now's the time to do it to ensure that the expenses are deductible for the 2006 tax year.

AdSense is a Business

If you've made even one cent from AdSense this year, you're running a business, whether you know it or not. The government's going to want to hear about the money you've made. And they will — remember those tax forms you had to fill out before Google would send you any money?

But if you're making money, you're also entitled to deduct certain expenses from that income. For an AdSense publisher this would include at a minimum domain registration fees, web hosting fees and some portion of your Internet connection charges. Even the computers and related hardware you buy will be deductible to some degree, most likely through some kind of capital depreciation. If you have a home office, you might even be able to write off part of your mortgage and related home maintenance expenses. (The rules vary greatly from tax jurisdiction to tax jurisdiction, of course, and you need to investigate what's right for you in terms of what can and can't be deducted — this post is not legal or tax advice.)

Not everyone realizes that books and software that directly relate to your business are usually tax deductible. Which leads us to…

The Uncommon AdSense Tax Special!

My new AdSense ebook, Uncommon AdSense, is officially launching on January 1 at a price of only $47. But I'm offering readers of this blog a pre-launch special: for the next few days, you can buy Uncommon AdSense for only $37, a $10 savings off the regular price. The details of the offer and the bonuses you get are on the Uncommon AdSense tax special page. Ordering is handled through ClickBank, which means there's an 8-week 100% refund guarantee period if you're not satisifed with your purchase. Payment can be made via PayPal or any major credit card.

Yes, the sales page is kind of lame right now, especially the book cover I created myself. I'm in the process of rectifying that. But if you're a regular reader of this blog you know that anything I write is of high quality, and Uncommon AdSense is no different.

Other Recommendations

If you're in the market for other books and software and want to buy them in the 2006 tax year, here are my recommendations in alphabetical order within each category. (I own all of these.)

Books

• AdSense Arbitrage and Leveraging. This is the book by Michael Plante that explains in great detail his AdSense arbitrage technique, a much more expanded version of the arbitrage experiment I'm running right now on this blog.
• AdSense Discovery. This is an AdSense starter package put together by Ben Shaffer that has pretty much everything you need to get started. (Well complemented by Uncommon AdSense, by the way.)
• AdWords Miracle. A good introduction to using AdWords effectively, with an emphasis on getting cheap advertising.
• Affiliate “Project X” (APX). A thought-provoking book by the author of AdWords Miracle that focuses on advanced techniques for affiliate selling. Note: if you buy AdWords Miracle (AM) you can get APX at a reduced price as part of the AM purchase.
• Turn Words Into Traffic. A great introduction to article writing for those who are afraid to write. Gives you simple techniques for writing articles and other content that you can use on your own sites or distribute via article directories.

Software

• Build A Niche Store. A PHP script that lets you easily add pages of eBay auction listings to any of your sites, letting you make money when you refer customers to eBay.
• Keyword Elite. Perhaps the best keyword list creation and manipulation software there is at the moment. Pricey, but well worth it if you're spending a lot of time doing keyword analysis.

But Don't Buy Too Much!

Whatever you do, though, don't overload yourself with too many things. It's better to choose one or two books (Uncommon AdSense is a great choice, hint hint) then to buy a pile of them and have them gather dust (figuratively) on your computer.

Eric Giguere wrote Make Easy Money with Google and Uncommon AdSense. His goal is to get his AdSense blog into Matt Cutts' blogroll.

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