I want to go to Montana to write. Is it a tax deduction?

August 27th, 2012 → 3:09 pm @

My friend Nina, the author of The Respect Dare: 40 Days to Improving Your Relationship with God and Your Husband, asked me this question:   If I go to Montana to write for a week, and combine that with a few days of family stuff, can I deduct the trip? Or some of it?   […]

Blog &Tax Tips for Writers

Business Tip #9 for Writers: Help with Inventory

August 27th, 2012 → 8:00 am @

Your book is ready to go: written, published, printed. Now, how should you approach inventory? Is there an optimal number of book kept in reserves to best benefit your business? How much will that set you back? No need to wonder about the answers to these questions; you can find them right in my book, Business […]

Blog &Business Tips for Writers

Business Tips # 8 for Writers: Government Correspondance

August 20th, 2012 → 8:00 am @

We’ve all been there. You started your writing business, published your book, and mail arrives from the government via the IRS. Not sure what to do with that mail or if you need to keep it? Don’t panic when you see those envelopes! Here’s what you need to know about recording government correspondence, from my […]

Blog &Business Tips for Writers

Publisher went bankrupt. Now what?

August 18th, 2012 → 7:54 pm @

One of my author-tax clients emailed me to say that her publisher has filed for bankruptcy.

Blog &Business Tips for Writers

Business Tip #7 for Writers: Recording Income/Expenses

August 13th, 2012 → 8:00 am @

Aside from your writing (the bread and butter of your business!), good record keeping is one of the most important steps to a secure writing business. Need to brush up on your recording methods? Look no further! This brief section from my book, Business Tips and Taxes for Writers, will provide you with the tools […]

Blog &Business Tips for Writers

Business Tip #6 for Writers: Financing Your Book

August 6th, 2012 → 8:00 am @

A crucial step toward the success of your book is to establish a financing plan, which seeks to answer the question of how to pay for those initial costs. This is easier said than done, however. There are many factors to consider when drafting this plan. I would like to bring you some advice from […]

Blog &Business Tips for Writers

Business Tip #5 for Writers: Pricing Your Book

July 30th, 2012 → 8:00 am @

So you’ve spent countless hours writing, drafting, and editing your book. As you send it off to the publisher, you may be thinking, How should I price my book? The answer to this question could be the difference between time well spent or a trip back to the drawing board. Fortunately, there is great advice out […]

Blog &Business Tips for Writers

Business Tip #4 for Writers: Initial Production Costs

July 23rd, 2012 → 8:00 am @

So you want to publish your book? Great! But what exactly does that mean? Is there anything to watch out for before you start? As an author, I can answer that with a hearty yes! There could be any number of initial production costs associated with the printing of your book. Take a look at a brief […]

Blog &Business Tips for Writers

Video Blog: IRS denies business expenses to author

July 10th, 2012 → 6:11 pm @

I discuss why a wanna-be author was not allowed $19,000 in travel expenses for his (un)published book on world -wide travel.

Blog &Tax Tips for Writers

Can you explain accounting (simply)?

July 9th, 2012 → 2:09 pm @

“I have problems with the accounting it is taught everywhere.”

Blog &Q&A