Answers to Tax Deductions for Writers
February 3rd, 2017 → 8:48 pm @ Carol
great questions on tax deductions for writers
When can you deduct book research expenses?
January 28th, 2017 → 10:17 am @ Carol
A writer can deduct book research expenses in the year they occurred.
Traveling out of town? Take the higher meal deduction!
January 24th, 2017 → 9:23 am @ Carol
Self employed people can take a per diem expense for meals and incidentals when they travel out of town requiring an overnight stay.
IRS study finds lots of businesses might really be hobbies
May 11th, 2016 → 6:41 pm @ Carol
Writers need to be conducting their business as a business to avoid an IRS audit, especially those with multi-year losses.
How to Start a Publishing Business webinar
March 22nd, 2016 → 7:20 pm @ Carol
How to form a publishing company, a free webinar, with Carol Topp, CPA,
Tax software can lie to you (if you’re not careful!)
February 16th, 2016 → 9:10 am @ Carol
An author at a writers conference told me, “The IRS stopped the home office deduction.” I knew that wasn’t true, but she insisted that her tax software did not include a deduction for her home office. It was probably because she failed to reply correctly during the software interview process. Tax software can lie […]
Helpful tax information for bloggers, writers and authors
February 9th, 2016 → 8:55 am @ Carol
Helpful information for writers during the tax season
What and how do authors write off their expenses?
February 2nd, 2016 → 6:55 pm @ Carol
What can an author write off on their tax return (and how do you do it)?
Are donated books a charitible or a business deduction?
December 1st, 2015 → 10:10 am @ Carol
Are donations of books to a school where I give a presentation business expenses? If I “give” one of my books to someone (whether it be my editor, a family member I want to thank for their support, or a school at which I am trying to schedule an author visit), how do I account […]
