Traveling out of town? Take the higher meal deduction!

January 24th, 2017 → 9:23 am @

Self employed people can take a per diem expense for meals and incidentals when they travel out of town requiring an overnight stay.

Blog &Q&A &Tax Tips for Writers

Writers: Prepare Your Taxes Properly

January 21st, 2017 → 1:30 pm @

A webinar for writers, bloggers and self publishers on how to prepare your tax return properly by Carol Topp, CPA

Tax Tips for Writers

IRS study finds lots of businesses might really be hobbies

May 11th, 2016 → 6:41 pm @

Writers need to be conducting their business as a business to avoid an IRS audit, especially those with multi-year losses.

Blog &Tax Tips for Writers

How to Start a Publishing Business webinar

March 22nd, 2016 → 7:20 pm @

How to form a publishing company, a free webinar, with Carol Topp, CPA,

Author to Business Owner &Blog &Business Tips for Writers

I write as a hobby. Do I need to worry about taxes?

February 23rd, 2016 → 9:27 am @

Do hobby writers who make a little money need to worry about taxes?

Blog &Tax Tips for Writers

Tax software can lie to you (if you’re not careful!)

February 16th, 2016 → 9:10 am @

  An author at a writers conference told me, “The IRS stopped the home office deduction.” I knew that wasn’t true, but she insisted that her tax software did not include a deduction for her home office. It was probably because she failed to reply correctly during the software interview process. Tax software can lie […]

Blog &Tax Tips for Writers

Helpful tax information for bloggers, writers and authors

February 9th, 2016 → 8:55 am @

Helpful information for writers during the tax season

Blog &Tax Tips for Writers

What and how do authors write off their expenses?

February 2nd, 2016 → 6:55 pm @

What can an author write off on their tax return (and how do you do it)?

Blog &Tax Tips for Writers

Are donated books a charitible or a business deduction?

December 1st, 2015 → 10:10 am @

Are donations of books to a school where I give a presentation business expenses? If I “give” one of my books to someone (whether it be my editor, a family member I want to thank for their support, or a school at which I am trying to schedule an author visit), how do I account […]

Blog

Tax deduction for donated books

November 13th, 2015 → 9:15 am @

An author wonders how much she can deduct when she donates her books

Blog