January 31 is finally here. That means that businesses and banks need to have mailed all tax related forms to customers. I am still waiting for some tax documents though. Some of the late senders are Yahoo, Amazon.com and Azoogleads. We will see if they meet the federal guidelines or if they blame the mailman ;). Anyway – I will most likely file my own tax return some time in February. I do expect to eventually owe a small amount of a few hundred dollars, but nothing too major (so I hope). Since I still have a full-time job I use the tax deduction at work and therefore avoid quarterly payments to the IRS through my business. My employer is taking extra money out of my paycheck (done through the W4 tax form) and sends it to Uncle Sam for me. I might change this in 2008 since I hope to have more business income than my payroll deduction “can handle”. In December I signed up for EFTS – the federal electronic tax filing system. That will allow me to easily make the change when I see my income go up.

Anyway – tax season is also big for affiliates since there are lots of opportunities to make money. It starts will offering products like TaxCut or Turbo Tax through Amazon and does not end with advertising online tax file services like Tax Brain or TaxAct. Last year in April I started my preparation for the 2008 tax season by putting a tax help website online. The site is now aged and filled with some good content. Organic traffic is flowing in – increasing day by day now that tax season is finally here. I placed the first tax return offers on the site this evening and will add more as the affiliate networks start offering those. COPEAC has the Tax Brain offer which pays over $5.00 per lead. If you are not an affiliate for Copeac – sign up now. As mentioned I am also using Amazon’s affiliate program and overall offer a variety of products to website visitors. I will probably start some PPC campaigns as well fairly soon (depending on my available time). The aged website should help to get a good Google Adwords Quality Score, too. So, hopefully there will be a nice burst in income during February and March this year. Are you working tax season related affiliate offers, too? When do your preparations start?

PS: There are affiliate links in this posting. If you think this is a good posting and you are considering taking advantage of those offers, please use my links. Thanks.