Posts tagged: earnings

Oct 17 2009

Is Daily Article Worth Trying Out?

If you are looking for a website that will allow you to sell your articles for a price that you set on your own, there are two popular options. The first is Constant Content. The second is Daily Article, which is a website that is not quite as popular among freelance writers. Is Daily Article worth trying out? Here are some things that you should know before applying to this website.

Daily article is not quite as popular as Constant Content. What this means is that they see less buyers than CC does. Does this mean that you won’t sell the articles that you put on Daily Article? Absolutely not. I have personally sold about 75% of the articles that I have posted on Daily Article.

Pros

The percentage of money that Daily Article keeps is known to be lower than what Constant Content keeps when you make a sale. The website only keeps about 4% of the total sales rate. This is not bad at all for a website like this.

When you submit an article, you need to write a brief description about your article. If you are good at this, it can be a great way to help you secure a sale.

You do not need to pay any type of fees to signup to or remain a member of Daily Article. This means that trying out DA is of no cost to you.

As with most other websites that writers use, payment is made via PayPal.

Many writers have found that Daily Article’s requirements for content are less stringent than Constant Content’s. The content is checked for plagiarism, but it is not denied on the basis of bad grammar.

Cons

Just like any other website where you post an article, it can take awhile before you actually make a sale. It has taken months before I have sold several articles on the website, while others have sold after about a week or so.

Payment seems to be made randomly, which can be considered either good or bad. From my personal experience, it seems to come on the 30th of the month. However, it has also come during the middle of the month as well. It may be that payment is sent when there is a sale.

You are giving up full rights to your content when you make the decision to sell it on Daily Article.

The Verdict

Daily Article is absolutely worth trying out. It is important to keep in mind that the types of content that you write will determine the overall amount of success that you have with DA. Articles in certain areas, such as health and marketing, are known to do better than those in other areas. It really depends on the exact topic that you are writing about, however. While it would be a bad idea to rely on Daily Article for all of your income, it is a great option if you are looking for a new place to earn some extra cash.

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Oct 13 2009

Do Writers Need to Pay Taxes?

A very common misconception is that writers do not need to pay taxes. This couldn’t be any further from the truth. Just like any other American citizen, freelance writers do need to pay taxes too.

Why do people think that writers don’t need to pay taxes?

One of the reasons may be because a lot of the jobs that you find over the years will not require you to provide them with any tax information. If you are dealing with clients on a one-time or inconsistent basis, it is unlikely that they will request information from you. They may not even want to have to deal with the issue themselves. Unless you are working for a well known website or company, such as Associated Content or Demand Studios, you probably won’t have to send a thing.

In addition to the people who are misinformed about not having to pay taxes, there are also many people who also think that they can hide the money that they are earning. It may seem a lot easier to hide money from the government when you are a writer, and in many ways, it can be. This does not mean that you shouldn’t pay taxes, however. Sooner or later, the IRS is going to catch up with you and realize that you haven’t been paying taxes.

When do you need to pay taxes if you are a freelance writer?

If you have made at least $500 a year, then you need to report your earnings. There are many people who feel that you do not need to pay if you have only earned $100 from one client, $100 from another, and so on. This is not true. If you have earned $500 total, then you are required to pay taxes on this money. Your clients or the companies that you work for many not necessarily be required to report the amount of money that you have made, but you are going to need to.

Self-employed individuals are also recommended to pay taxes on a quarterly basis. If you have a business name, not doing this according to regulations can come back to haunt you. That said, reporting any earnings that you have made, even if it is only done once a year, can help prevent you from getting into trouble with Uncle Sam.

Since not paying taxes is a federal offense, it is important to make sure that you do so. The best thing that you can do is keep good records of your earnings as a writer. Check back tomorrow for some tips on how to keep track of the amount of money that you make each month.

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Oct 13 2009

How to Keep Track of Monthly Earnings

If you are planning to work as a freelance writer, one of the things that you are going to need to worry about is keeping track of your monthly earnings. There are a number of different things that you can do in order to record how much you are earning per month. Here are a few tips.

Don’t Forget to Write in Bank Books

When you are doing a lot of online money transfers, it can often be difficult to remember to write how much money you are putting into your savings or checking account each week. Writing in books is the best thing that you can do. In order to make it go a lot smoother, try to write in your books on one specific day each week, such as Friday. It can also be whatever day you transfer money. Try to note where each transfer is coming from.

Keep a File Saved on Your Computer

Another easy way to keep track of your monthly earnings is to type it out each month and save it on a file on your computer. Just break it down according to each client or website that you are writing for. Write down the date and the amount of money that you have made. So, it should look something like this:

Client (Jane Smith) $20.00 2/12/2009
Associated Content: $25.00 2/14/2009
The Examiner $80.00 2/28/2009
Demand Studios $45.00 2/28/2009

(Please note that those numbers are entirely made up.)

Get Paper Versions of Your Monthly Earnings

Get a notebook or binder that you plan to write in. All that you need to do is write down the same exact things that you save on the computer. In fact, you can even print out the files from your computer with your monthly earnings. The reason that you will want to have it on paper is in case the computer gets a virus, or the file accidentally gets deleted.

Keeping track of your monthly earnings doesn’t need to be difficult. Since you will need to pay taxes on the money that you earn in the future, it is also something that is necessary for you to do.

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