Is a business expense also tax deduction for a writer?
April 4th, 2023 → 2:23 pm @ Carol
A writer wonders if he can deduct the cost of a new laptop
No blogging income yet, should a blogger file a tax return?
March 7th, 2023 → 3:25 pm @ Carol
A blogger wonders if she should file a tax return since she doesn’t have any income yet.
I didn’t get paid. Can I deduct it on my taxes?
February 7th, 2023 → 10:16 am @ Carol
You did the work and got stiffed. Can you deduct it?
What CAN you write off on your taxes…and HOW?
February 3rd, 2023 → 7:34 am @ Carol
Hello! I’m curious as to what’s the process for writing off materials that you’ve purchased specifically for writing your book. Are there categories that apply (computers, software) and some that don’t (research?)? What’s the step to identify those on taxes and do I need to set up an LLC to do it? Thanks, Scott Scott, […]
What author expeses are tax deductions?
January 31st, 2023 → 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 your […]
Banking and checking account tips for writers
March 6th, 2019 → 10:00 am @ Carol
Avoid common banking mistakes that writers make!
What sets off an IRS audit flag?
February 20th, 2019 → 12:20 pm @ Carol
Co-mingling businesses can set off an IRS audit.
When should a writer hire a CPA?
January 23rd, 2019 → 1:30 pm @ Carol
When should a writer hire a CPA
Avoid These Banking Mistakes Writers Make
November 14th, 2018 → 2:24 pm @ Carol
Tips on banking and checking accounts for writers
