Tax consequences of writing and publishing

July 24th, 2013 → 8:56 am @

Writing, researching and publishing a book has expenses tied to it and tax consequences.

Blog &Business Tips for Writers &Podcast/Radio show &Tax Tips for Writers

Some bad tax advice for writers floating around out there!

March 28th, 2013 → 8:09 am @

Understand that hobby income is fully taxable and rarely are the expenses deductible. It is usually advantageous to consider your writing as business, not a hobby.

Blog &Tax Tips for Writers

Tax questions with author Sonia Marsh Gutsy Indie Publishers

March 18th, 2013 → 1:36 pm @

Sonia had great questions on tax deductions for authors, sales tax and using Quickbooks

Tax Tips for Writers &Video blog

Video blog: Will losses mean writing is a hobby?

March 18th, 2013 → 8:53 am @

If you show losses as a writer for 3 years in a row will the IRS classify you as a hobby writer?

Blog &Tax Tips for Writers &Video blog

Are the products bloggers recieve for reviews taxable?

March 11th, 2013 → 9:16 am @

The products you receive for review are taxable income. Why? Because you engaged in a business exchange.

Blog &Tax Tips for Writers

Taxes for an information writing partnership between co-authors

March 4th, 2013 → 8:19 am @

Advice on how to handle the taxes for co-authors in an informal partnership

Blog &Tax Tips for Writers

Video blog: Can a writer deduct travel expenses?

February 25th, 2013 → 8:36 am @

Can a writer deduct travel expenses to an exotic place for research on a future book?

Blog &Tax Tips for Writers &Video blog

Apps for mileage tracking

February 20th, 2013 → 7:54 am @

Several iphone apps make tracking mileage easier

Blog &Tax Tips for Writers

Tax Tips for Writers: Accounting software for non accountants

February 18th, 2013 → 8:16 am @

You might be thinking that accounting software could help you manage your writing business.

Blog &Tax Tips for Writers

Tax Tips for Writers: Use Google maps to calculate mileage

February 13th, 2013 → 8:35 am @

Business mileage at 55.5 cents a mile (for 2012) is a great tax deduction!

Blog &Tax Tips for Writers