Video Blog: Book purchases as a tax deduction
October 4th, 2012 → 6:04 pm @ Carol Topp
Carol Topp, CPA explains what an author can deduct on their taxes when they purchase their own books to resell.
Video Blog: Can a writer deduct unpaid royalties?
September 6th, 2012 → 4:00 pm @ Carol Topp
A writer asks, “Can I deduct unpiad royalties?” in this video blog from Carol Topp, CPA
Your book is an asset that produces income!
September 3rd, 2012 → 6:55 pm @ Carol Topp
Joanna Penn from The Creative Pen sees her books as intellectual property and it affects the way she runs her writing business. Creating Intellectual Property Assets Through Writing Can Change Your Life My husband and I had tried to build up a property portfolio in Australia but with the global financial crisis and the […]
Business Tip #10 for Writers: Shipping Your Product
September 3rd, 2012 → 8:00 am @ Assistant
With your inventory stocked and marketing strategy ready to go, it may be time for your writing business to start sending your product to customers. Congratulations! Now, how do you go about that? What does shipping your book entail? My book, Business Tips and Taxes for Writers, details just what you need to know to […]
When should you hire a CPA?
February 6th, 2012 → 2:00 pm @ Carol Topp
When should I hire a CPA for my writing business?
Who says you’re a professional writer?
January 30th, 2012 → 8:19 am @ Carol Topp
Nailing Down Your Professional Status By Gary A. Hensley In the old television show Sanford and Son, Fred Sanford asks a man, “Who says you’re an attorney?” “I do,” the man says. Fred says, “Who says you’re not?” The man mumbles, “The State of California.” You don’t want to be on the wrong end of […]
Five Secrets to Short Cut Your Record Keeping for Tax Benefits
January 26th, 2012 → 10:02 pm @ Carol Topp
Webinar Friday, January 27th at 12 noon EST For Authors & Writers (aspiring or published) Authors and Writers work hard at their ideas, writing their manuscripts or blogs and then waking up to see that no one is reading their information or wants to buy their book! On this webinar, Felice a best-selling author […]
Don’t call yourself a hobby writer!
January 12th, 2012 → 8:04 am @ Carol Topp
I would like to introduce myself — Tom Hebert. I am a C.P.A. by trade. Writing and publishing for me is a hobby — but a serious one! I recently self-published the first 30,000 words of my novel (“The Remains of the Corps”) and with the help of a friend converted it to an ebook, […]
I didn’t get paid. Is it a tax deduction?
December 29th, 2011 → 2:00 pm @ Carol Topp
Tax FAQ: I didn’t get paid. Is it a tax deduction?
Not a hobby writer?
December 26th, 2011 → 2:00 pm @ Carol Topp
How can I show that I’m not a hobby writer? I intend to make a profit; it just hasn’t happened yet. Keep a log of your work and your submissions to magazines, agents, publishers, etc. A submission log can be very helpful to show you are actively attempting to make a profit at this. Look […]
