June 14th, 2012 → 8:00 am @ Carol
To self-publish or not to self-publish? A tough question for authors. If you decide to take the route of self-publishing, what does that all entail? What’s the bottom line for your writing business? We welcome back publisher and marketer Carol White who is eager to share her knowledge about self-publishing, specifically its costs: “While it [...]
June 7th, 2012 → 3:36 pm @ Carol
I love TaxMama, Eva Rosenberg. She’s so helpful, practical and smart! Here’s her advice on bookkeeping for business owners (it applies to writers as well!) All business owners really should understand how to do bookkeeping, if they are handling their own records. Most just pick up some software and hope it will do things [...]
May 15th, 2012 → 8:57 am @ Carol
The Journal of Accountancy (what we CPA’s love to read!) has a very helpful article on “Reasonable salary for S corporation owners” Here’s a few excerpts (for the full article click here) and my plain-English summaries. …an advantage of an S corporation over a C corporation is that a shareholder’s share of the corporation’s net [...]
May 11th, 2012 → 8:53 am @ Carol
I read an interesting story in the Journal of Accountancy (well interesting to me, a CPA!) about an owner of an S corporation that serves as a warning to all of you considering S corporation status for your business. (Here’s a link to the article “Eighth Circuit agrees that CPA was underpaid” if you care [...]
May 8th, 2012 → 9:40 am @ Carol
I preach the importance of record keeping all the time to tax clients, writers, and business owners! Record keeping is the life-blood of a successful business Forbes has a get article on Tax Return Filed? Now Consider Your Records Here’s an excerpt: No one likes organizing records. If you just finished your tax return [...]
April 10th, 2012 → 1:40 am @ Carol
I just finished my first virtual writers group presentation. I’m in Cincinnati, OH and I spoke to 15 writers in Tyler, TX via Skype on the topic of “You’re in Business Before You Make Money.” They could see my Powerpoint slides, ask questions, etc! Very cool! If you’d like me to visit (virtually) [...]
April 5th, 2012 → 8:00 am @ Carol
Should You Incorporate Your Business?
March 26th, 2012 → 8:00 am @ Carol
Even More Business Mistakes Made by Writers
March 23rd, 2012 → 10:40 am @ Carol
I enjoyed speaking to Quinn Barret of Wise Bear Books in a podcast where we talked about Business Tips and Taxes for Writers. Here’s what we talked about: What can a writers deduct on their taxes? Is Sch C (sole proprietorship) an audit flag to the IRS? Are costs to get my book on [...]
March 19th, 2012 → 8:00 am @ Carol
More Business Mistakes Made by Writers