I write as a hobby. Do I need to worry about taxes?

February 14th, 2023 → 9:27 am @

Do hobby writers who make a little money need to worry about taxes?

Blog &Tax Tips for Writers

Is your writing a hobby or a business?

February 21st, 2018 → 12:16 pm @

How do you know if you have a hobby or a business?

Blog &Tax Tips for Writers

Did the 2017 Tax Bill Help or Hurt Writers?

January 5th, 2018 → 10:02 am @

Did the 2017 tax bill, now law, help or hurt writers and bloggers

Blog &Business Tips for Writers &Tax Tips for Writers

Hobby or Business?

February 7th, 2017 → 11:08 am @

How do you know if you have a hobby or a business?

Blog &Tax Tips for Writers

IRS study finds lots of businesses might really be hobbies

May 11th, 2016 → 6:41 pm @

Writers need to be conducting their business as a business to avoid an IRS audit, especially those with multi-year losses.

Blog &Tax Tips for Writers

Tax Q & A from writers

February 26th, 2015 → 9:25 am @

Writers ask author and CPA Carol Topp their tax questions

Blog &Tax Tips for Writers

Let’s clear up this IRS rule about hobby profits and losses

March 6th, 2014 → 8:14 am @

I read this misinformation on an unnamed blog recently: To prove that your blog or any business is a legitimate business then you must make a profit 3 out of 5 years that you are in business. That’s a common misunderstanding of the IRS rules. What the IRS states is this: “An activity is presumed […]

Blog &Business Tips for Writers

Your Guide to Book Publishing podcast: Taxes for Writers

July 19th, 2013 → 8:39 pm @

    I was honored to be interviewed by Judith Briles’ podcast: Your Guide to Book Publishing Judith’s podcast is EXCELLENT. I always learn  a ton from her guests and Judith herself. We talked about : The top business mistakes authors make Tax deductions for writers If Judith’s cruise is a legitimate tax deduction How […]

Blog &Podcast/Radio show

Your Guide to Book Publishing interview with Judith Briles

April 26th, 2013 → 7:58 pm @

Carol Topp, CPA will discuss the business side of writing and publishing with Judith Briles

Author to Business Owner &Blog

Some bad tax advice for writers floating around out there!

March 28th, 2013 → 8:09 am @

Understand that hobby income is fully taxable and rarely are the expenses deductible. It is usually advantageous to consider your writing as business, not a hobby.

Blog &Tax Tips for Writers