If you earned $400 in freelance writing in the U.S., you must file taxes.

Don’t worry. In the writing world, not every asset is physical, but intangibles can have real value. When filing taxes this year, especially as a freelancer, pay attention to the intangibles.

Since I’m not a tax accountant, I can’t offer you tax advice. However, one important expense you may be able to deduct is the cost of your DOMAIN NAMES. If you own one or more domains, be sure to bring those receipts to your tax preparer. Ask them about the “Treatment of Costs to Acquire Internet Domain Names for Use in Taxpayer’s Trade or Business” and review your internet-related expenses with them.