When should a writer hire a CPA?
April 5th, 2013 → 4:01 pm @ Carol
When should a writer consider hiring a CPA?
Some bad tax advice for writers floating around out there!
March 28th, 2013 → 8:09 am @ Carol
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.
When should an author to consider S corporation status?
March 21st, 2013 → 9:02 am @ Carol
S corporation status is a possible option for authors if they publish other authors books.
Tax questions with author Sonia Marsh Gutsy Indie Publishers
March 18th, 2013 → 1:36 pm @ Carol
Sonia had great questions on tax deductions for authors, sales tax and using Quickbooks
Video blog: Will losses mean writing is a hobby?
March 18th, 2013 → 8:53 am @ Carol
If you show losses as a writer for 3 years in a row will the IRS classify you as a hobby writer?
Do writers need insurance on a self-published book?
March 14th, 2013 → 6:06 pm @ Carol
On a LinkedIn discussion group, someone asked for information to insure a self-published book.
Are the products bloggers recieve for reviews taxable?
March 11th, 2013 → 9:16 am @ Carol
The products you receive for review are taxable income. Why? Because you engaged in a business exchange.
Don’t use your SSN. Get a free EIN
March 7th, 2013 → 2:20 pm @ Carol
Authors should not give out their Social Security Numbers.
Video blog: Can a writer deduct travel expenses?
February 25th, 2013 → 8:36 am @ Carol
Can a writer deduct travel expenses to an exotic place for research on a future book?
