As described in our earlier blog post, the the U.S. Federal Trade Commission released revised guidelines governing endorsements and testimonials that take effect on December 1, 2009. Among other things, these guidelines say that a blogger that endorses a product or service must disclose compensation received directly or indirectly from the seller of that product or service.
Blogging tax
You can review the FTC press release or the full text of the FTC guidelines. If you have questions or need advice on interpreting these FTC guidelines, we encourage you to consult your own legal counsel to help you understand how these changes may affect you.
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