Answers to Tax Deductions for Writers

February 3rd, 2017 → 8:48 pm @

great questions on tax deductions for writers

Blog &Q&A

Are Meals Tax Deductible?

January 31st, 2017 → 10:00 am @

Are coffee and tea tax deductible?

Blog &Q&A &Tax Tips for Writers

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

Is this author given a gift or is it a sale?

March 12th, 2015 → 1:41 am @

An author wonders if a “thank you donation” she received is a gift or a sale.

Blog &Q&A &Tax Tips for Writers

What are the disadvantages to author partnerships?

March 5th, 2015 → 1:23 am @

An author and her sister wish to co-author several books. What are the main reasons to avoid a partnership?

Blog &Q&A

What’s the difference between a sole proprietorship and an LLC?

February 24th, 2014 → 1:59 pm @

Carol Topp, CPA explains using a word picture the difference between a sole proprietorship and an LLC.

Blog &Business Tips for Writers &Q&A

Should an author release his rights to a charity?

September 2nd, 2013 → 9:37 am @

An author asks about releasing his rights to a charity.

Blog &Business Tips for Writers &Q&A

Collecting sales tax from a book distributor

August 12th, 2013 → 1:54 pm @

An author asks how she should collect sales tax from her sales to book distributors such as Amazon, BN.com and Ingram.

Blog &Q&A

Don’t use your SSN. Get a free EIN

March 7th, 2013 → 2:20 pm @

Authors should not give out their Social Security Numbers.

Blog &Business Tips for Writers &Q&A

Are royalties passive income?

February 7th, 2013 → 10:39 am @

An author asks if her book royalties are subject to Social Security tax.

Blog &Q&A &Tax Tips for Writers