Some common tax deductions for writers
February 27th, 2019 → 8:20 am @ Carol
Here are some common tax deductions for writers. Are you taking them on your tax return?
What sets off an IRS audit flag?
February 20th, 2019 → 12:20 pm @ Carol
Co-mingling businesses can set off an IRS audit.
No blogging income yet, should a blogger file a tax return?
February 13th, 2019 → 3:25 pm @ Carol
A blogger wonders if she should file a tax return since she doesn’t have any income yet.
Bare minimum record keeping for writers
February 6th, 2019 → 4:51 pm @ Carol
Financial records are extremely important to successfully running a writing or publishing business.
What author expeses are tax deductions?
January 30th, 2019 → 2:00 pm @ Carol
Some of your expenses as an author are tax deductible, but some are not! How can you tell the difference? The IRS explains what makes a business expense a tax deduction: “To be deductible, a business expense must be both ordinary and necessary. An ordinary expense is one that is common and accepted in […]
When should a writer hire a CPA?
January 23rd, 2019 → 1:30 pm @ Carol
When should a writer hire a CPA
A new tax deduction for authors and bloggers in 2018!
January 16th, 2019 → 9:07 am @ Carol
New in 2018 a qualified business income deduction for authors and bloggers.
Tax changes simplify inventory. Does it help authors?
January 9th, 2019 → 10:10 am @ Carol
Can authors give up tracking book inventory?
Bookkeeping for Writers class closes 12/31/18
December 19th, 2018 → 10:25 am @ Carol
Get your bookkeeping in shape for taxes
Should I just share half my profit with my co-author?
December 11th, 2018 → 2:42 pm @ Carol
Offering to split the profits with a co-author is not as simple as it sounds.
