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Accounting for Affiliate Marketers
If you are an affiliate marketer, then you are in business. Therefore, you should treat it like a business. Keep in mind that Linkshare, Clickbank, Commission Junction and all the other affiliate marketplaces are going to report your earnings to the...
Affiliate marketing programs that can add value without costs to Web sites.
Many small businesses have found ways to earn money from visitors to their Web site, even though their sites are not equipped to handle Internet transactions. How? By joining an affiliate marketing program. After taking the time to create and...
Basics of Affiliate Marketing
Whether you realize it or not, if you've been on the Internet today, you have encountered affiliate marketing. If you have ever “clicked thru” one site to order something from another, the first site probably received a portion of the sale. For...
Generate More Sales in ANY Affiliate Program – Part Three
Thinking Outside the square is where we last left off. So to carry on from this topic let me introduce you to M.E. Software. It’s a must have, for any Affiliate, promoting any program. Without this critical piece of software in your operations,...
Setting up Your Own Affiliate Program (part one)
This is the first of a two part series on starting your own affiliate program. Joining an affiliate program is a neat way to make money from your users. But just as you can join someone else's affiliate program, so you can set up your own program...
 
Accounting for Affiliate Marketers

If you are an affiliate marketer, then you are in business. Therefore, you should treat it like a business. Keep in mind that Linkshare, Clickbank, Commission Junction and all the other affiliate marketplaces are going to report your earnings to the IRS.

Each of them requires that you provide a Social Security Number or EIN number when you apply with them. These numbers are used to report your earnings. At the end of the year, you'll receive a 1099 form which is the IRS earnings document given to Independent Contractors.

Since you have to pay taxes on your income, you should take care to make sure that your income is properly calculate. Remember, gross adjusted income is going to be the total amount that you earned - your expenses. For this reason, you really need to keep track of all of your affiliate marketing expenses.

Keep receipts and track all the following:

* Web Hosting Costs

* Affiliate marketing tools (such as your WordTracker membership fees, the cost of products like Adwords Analyzer, etc.)

* Any PPC advertising that you purchase.

Don't do as I have been prone to do and wait til the end of the year before you start putting these numbers together. You'll forget many and you won't be able to gain access to others.

For example, with PPC advertising, Google seems to keep records online forever. Great. But Overture only keeps the last 90 days and you can't - I repeat - You CAN'T get those records older than 90 days. (Ask me how I know :(

Getting receipts means that you'll have to think ahead. When you buy something


online, print the receipt page. When you subscribe to a service that may pull a fee from your checking account or credit card account on a monthly basis, make sure to opt in to any e-mail notification of transactions that you might be able to get.

Print everything out and put it in a folder for that years tax records. You won't regret it when tax season comes along.

You will also get a much better picture of how much money you're earning. I think a lot of affiliate marketers brag about their checks, but conveniently forget that out of the $10,000.00 they earned last month, they spent $8,000.00 for PPC advertising, $27.00 for Wordtracker, $100.00 for their web host, ect, etc, reducing their actual profit to enough to buy some bubble gum.

There's great software that makes all of this easier of course. Quicken or MS Money Home and Business editions or PeachTree accounting would all make the whole process of tracking these numbers much less painful.

Finally, there are real benefits (and some costs) to incorporating yourself. Incorporating changes the tax rules and create scenarios that let you put more of your profit into your pocket. They also help to shield you from liability. I'm not a lawyer, so I'd recommend talking to an tax law lawyer. I incorporated in Florida and the entire expense was about $495.00.

About the Author

Charles Waters discovered the wonderful world of affiliate marketing in 2003 and has never looked back. Today, he operates several successful money making web pages, including The Affiliates Home.

 

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Affiliate - Wikipedia, the free encyclopedia
An affiliate is not the same as an owned and operated station, ... Affiliate marketing typically refers to this Electronic commerce version of the ...
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CafePress.com : Affiliate Program : Affiliate Overview
Enables individuals and companies to sell a wide variety of products online with zero upfront costs.
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Amazon.com Associates: The web's most popular and successful ...
Launched in 1996, Associates is Amazon.com's affiliate marketing program. ... As one of the first online affiliate marketing programs, Associates has a ...
affiliate-program.amazon.com
 
Casino Affiliate Program - InterCasino.com
The world's first and largest online casino. Voted Best Online Casino 2003 by Gambling Online Magazine.
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AffiliateFuture.com
AffiliateFuture are performance-based marketing specialists, providing sales solutions and marketing services to advertisers, publishers and agencies. ...
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affiliate registration
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Pay per click affiliate program.
www.bidvertiser.com
 
Apple - iTunes - Affiliate Program
Now you can be part of the excitement by joining the iTunes Affiliate Program.* ... Apply to the Apple Store Affiliate Program, with a wide selection of ...
www.apple.com
 
Affiliate Programs Directory
Affiliate Scout is your source for affiliate programs. Our affiliate directory is composed of high quality advertisers that are looking for affiliates to ...
www.affiliatescout.com
 
eBay Affiliate Program: Welcome to the eBay Affiliate Program
The affiliate program on eBay pays web designers, internet publishers and affiliates to drive users and leads to eBay and for bids and buy-it-nows; ...
affiliates.ebay.com
 
AffiliateFuture
There are no set-up fees for becoming an affiliate with AffiliateFuture. ... Affiliates please login below. If you are a merchant click here. ...
www.affiliatefuture.co.uk
 
Affiliate Network - Affiliate Window
Affiliate network offering tracking and management solutions for maintaining an affiliate program.
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webmasters affiliate programs
Webmasters earn money with today's most effective online advertising technology, contextual advertising at a cost effective metric of CPC, PPC, CPM or CPV.
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UK Affiliate Marketing Forum - a4uforum.co.uk
UK Affiliate marketing industry forum from affiliates4u featuring news, discussion, and affiliate program resources.
www.a4uforum.co.uk
 
Affiliate programs directory - Associate Programs.com
A searchable directory of rated affiliate programs.
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Affiliate Summit 2007 West - Affiliate Marketing in Las Vegas ...
Affiliate Summit 2007 West at Bally's Las Vegas, January 21-23, 2007. Keynote Speaker will be Michael Sanchez, CEO and Co-founder of ClubMom.com.
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Affiliate Programs Marketing Training
Most recent up-to-date developments in the affiliate marketing industry. ... The Affiliate Classroom is a step by step training program to help you easily ...
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Affiliate Programs Directory - Affiliate Match.com
Affiliate programs directory with searchable, categorized listings.
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