Years of losses from business can still be deducted

October 1st, 2013 → 8:07 pm @

┬áMany 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 […]

Blog &Tax Tips for Writers

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

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

8 ways for writers to lower their tax bills

February 6th, 2013 → 1:36 pm @

My guest blog post at ProductiveWriters.com explains 8 ways a freelancer/writer/author can lower their tax bill.

Blog &Tax Tips for Writers

How often should an author be paying income tax?

January 7th, 2013 → 1:05 pm @

To avoid an IRS penalty, writers and authors should make quarterly tax payments.

Blog &Tax Tips for Writers

Tax Deductions for Writers mini ebook. No charge!

January 5th, 2013 → 3:06 pm @

Just in time for tax season. I am offering a mini-ebook, Tax Deductions for Writers

Blog &Tax Tips for Writers

Video Blog: Book purchases as a tax deduction

October 4th, 2012 → 6:04 pm @

Carol Topp, CPA explains what an author can deduct on their taxes when they purchase their own books to resell.

Blog &Q&A &Tax Tips for Writers &Video blog

Video Blog: Can a writer deduct unpaid royalties?

September 6th, 2012 → 4:00 pm @

A writer asks, “Can I deduct unpiad royalties?” in this video blog from Carol Topp, CPA

Blog &Q&A &Tax Tips for Writers &Video blog

Tax Deductions for Writers

February 13th, 2012 → 8:20 am @

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

Blog &Tax Tips for Writers

Common Tax Mistakes Made by Writers

February 9th, 2012 → 2:00 pm @

Common Tax Mistakes Made by Writers

Blog &Tax Tips for Writers