What author expeses are tax deductions?

January 31st, 2023 → 2:00 pm @

Some of your expenses as an author are tax deductible, but some are not! How can you tell the difference? The IRS explains what makes a business expense a tax deduction: “To be deductible, a business expense must be both ordinary and necessary. An ordinary expense is one that is common and accepted in your […]

Blog &Q&A &Tax Tips for Writers

Some common tax deductions for writers

January 24th, 2023 → 8:20 am @

Here are some common tax deductions for writers. Are you taking them on your tax return?

Blog &Tax Tips for Writers

What Do CPA’s Charge?

January 27th, 2020 → 8:43 am @

What Do CPA’s Charge?

Blog &Q&A &Tax Tips for Writers

What sets off an IRS audit flag?

February 20th, 2019 → 12:20 pm @

Co-mingling businesses can set off an IRS audit.

Blog &Q&A &Tax Tips for Writers

A new tax deduction for authors and bloggers in 2018!

January 16th, 2019 → 9:07 am @

New in 2018 a qualified business income deduction for authors and bloggers.

Blog &Tax Tips for Writers

Tax changes simplify inventory. Does it help authors?

January 9th, 2019 → 10:10 am @

Can authors give up tracking book inventory?

Blog &Business Tips for Writers &Tax Tips for Writers

Can co-authors be an LLC and avoid the problems with partnerships?

November 19th, 2018 → 11:32 am @

Can co-authors be an LLC and avoid the problems with partnerships?

Blog &Business Tips for Writers &Tax Tips for Writers

Need help marketing? This online conference will help

June 1st, 2018 → 7:24 pm @

An affordable online conference will teach you about blogging, speaking, and marketing your products.

Blog &Business Tips for Writers &Tax Tips for Writers

Do I need to claim a home office deduction in order to deduct business mileage?

March 7th, 2018 → 1:53 pm @

Not eligible for business use of the home, Can this author still deduct mileage?

Blog &Tax Tips for Writers

What can a writer deduct if he hasn’t sold a book yet?

March 5th, 2018 → 10:47 am @

Can an author deduct any expenses if he hasn’t sold a book yet?

Blog &Tax Tips for Writers