Writers can deduct mileage on their tax return
February 10th, 2017 → 11:27 am @ Carol
No one likes recording odometer readings, so use information from Google maps instead.
Hobby or Business?
February 7th, 2017 → 11:08 am @ Carol
How do you know if you have a hobby or a business?
When can you deduct book research expenses?
January 28th, 2017 → 10:17 am @ Carol
A writer can deduct book research expenses in the year they occurred.
Traveling out of town? Take the higher meal deduction!
January 24th, 2017 → 9:23 am @ Carol
Self employed people can take a per diem expense for meals and incidentals when they travel out of town requiring an overnight stay.
IRS study finds lots of businesses might really be hobbies
May 11th, 2016 → 6:41 pm @ Carol
Writers need to be conducting their business as a business to avoid an IRS audit, especially those with multi-year losses.
Tax software can lie to you (if you’re not careful!)
February 16th, 2016 → 9:10 am @ Carol
An author at a writers conference told me, “The IRS stopped the home office deduction.” I knew that wasn’t true, but she insisted that her tax software did not include a deduction for her home office. It was probably because she failed to reply correctly during the software interview process. Tax software can lie […]
Helpful tax information for bloggers, writers and authors
February 9th, 2016 → 8:55 am @ Carol
Helpful information for writers during the tax season
What and how do authors write off their expenses?
February 2nd, 2016 → 6:55 pm @ Carol
What can an author write off on their tax return (and how do you do it)?
The Business of Writing online workshop
April 15th, 2015 → 3:45 pm @ Carol
Taxes for Writers online workshop sponsored by Women’s Fiction Writers Association
