More Tax Deductions for Writers
February 20th, 2012 → 8:00 am @ Carol
The list of tax deductions for writers continues… Depreciation applies to purchases of computers, furniture or equipment that will last longer than a year. Depreciation is an accounting term meaning that the value of the equipment is deducted on the tax return over several years. A Section 179 expense means that the full cost of […]
More Tax Mistakes Made by Writers
February 16th, 2012 → 8:00 am @ Carol
More Tax Mistakes Made by Writers
Common Tax Mistakes Made by Writers
February 9th, 2012 → 2:00 pm @ Carol
Common Tax Mistakes Made by Writers
When should you hire a CPA?
February 6th, 2012 → 2:00 pm @ Carol
When should I hire a CPA for my writing business?
Author to Business Owner: Timothy Ashby
February 1st, 2012 → 2:00 pm @ Carol
Author to Business Owner is designed to provide first-hand business tips for any writer. Each special guest has graciously imparted knowledge of their writing business in hopes of encouraging fellow authors to grow and manage their own businesses. This month, we are privileged to hear from Timothy Ashby! A man of many hats, Timothy earned […]
Top 12 Money & Tax Tips for 2012 (podcast)
February 1st, 2012 → 1:50 pm @ Carol
Marnie Swedberg and I had a great time discussing some of my 12 tips on running a business and taxes for 2012. Top 12 Money & Tax Tips for 2012 podcast with Marnie Swedberg Listen to internet radio with Marnies Friends on Blog Talk Radio Join Marnie and tax expert, Carol Topp, CPA for […]
Do you buy or sell ebooks? List of states that tax digital products
February 1st, 2012 → 1:39 pm @ Carol
Sales tax…it’s changing at the speed you can download an ebook to your Kindle Fire! There are now several states that tax digital downloads. https://taxes.about.com/od/statetaxes/a/sales-tax-for-digital-downloads.htm States That Tax Downloads These states have passed laws that impose sales taxes on digital products (keep in mind that digital products are defined differently in each state and some […]
Who says you’re a professional writer?
January 30th, 2012 → 8:19 am @ Carol
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
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 […]
How picky is the home office deduction?
January 23rd, 2012 → 8:40 am @ Carol
This may seem like a really stupid question, but the exclusive use of space for a home office deduction, does that mean that the business owner can’t do any personal business in that space, like make personal phone calls, do personal things on the computer/internet, have personal files in the area, pay personal bills, etc? […]
