February 7th, 2017 → 11:08 am @ Carol Topp
How do you know if you have a hobby or a business?
February 3rd, 2017 → 8:48 pm @ Carol Topp
great questions on tax deductions for writers
January 31st, 2017 → 10:00 am @ Carol Topp
Are coffee and tea tax deductible?
January 21st, 2017 → 1:30 pm @ Carol Topp
A webinar for writers, bloggers and self publishers on how to prepare your tax return properly by Carol Topp, CPA
May 11th, 2016 → 6:41 pm @ Carol Topp
Writers need to be conducting their business as a business to avoid an IRS audit, especially those with multi-year losses.
April 27th, 2015 → 6:42 pm @ Carol Topp
Webinar with Carol Topp, CPA helping writers understand taxes.
February 24th, 2015 → 10:35 am @ Carol Topp
A business owner wonders if she will pay taxes twice, once as the business and again when she takes money out of her business.
March 6th, 2014 → 8:14 am @ Carol Topp
I read this misinformation on an unnamed blog recently: To prove that your blog or any business is a legitimate business then you must make a profit 3 out of 5 years that you are in business. That’s a common misunderstanding of the IRS rules. What the IRS states is this: “An activity is presumed […]
February 28th, 2014 → 12:41 am @ Carol Topp
An author who received help from Carol Topp, CPA on LinkedIn shares his review of Business Tips and Taxes for Writers
October 1st, 2013 → 8:07 pm @ Carol Topp
Many authors and other self-employed business owners seem to think that if they suffer years of losses, their business will be classified as a hobby (which is quite punishing from a tax perspective). But, I always explain that a business can have years of losses and still be considered a legitimate business. Here’s an excellent […]