Do writers as business owners pay taxes twice?
February 24th, 2015 → 10:35 am @ Carol
A business owner wonders if she will pay taxes twice, once as the business and again when she takes money out of her business.
Business Tips for Writers part 2 (podcast)
February 12th, 2015 → 1:16 pm @ Carol
In this podcast Carol Topp, CPA discusses record keeping in a business, helpful software and some tax tips fro writers.
Why you shouldn’t trust tax prep software
February 24th, 2014 → 6:59 pm @ Carol
Here’s a perfect example of how tax software doesn’t replace a knowledgeable CPA.
IRS simplifies home office deduction
February 10th, 2014 → 9:35 am @ Carol
Every one in a while the IRS makes like simpler for taxpayers! In 2013 the IRS simplified the Business Use of the Home deduction.
We love sales but not sales tax!
November 24th, 2013 → 9:19 pm @ Carol
My article titled “We Love Sales But Not Sales Tax” is included in the 2014 edition of Writers Digest Guide to Self Publishing.
Marrying Writing Business and Creativity Nov 16, 2013
October 17th, 2013 → 8:25 am @ Carol
Author and CPA, Carol Topp will be speaking to the Society Children’s Book Writers and Illustrators on Saturday November 16, 2013 9 am -12 noon in Strongville, OH
Tax payments for bloggers and writers
October 14th, 2013 → 12:23 pm @ Carol
Tax payments for bloggers and writers
Collecting sales tax from a book distributor
August 12th, 2013 → 1:54 pm @ Carol
An author asks how she should collect sales tax from her sales to book distributors such as Amazon, BN.com and Ingram.
Some bad tax advice for writers floating around out there!
March 28th, 2013 → 8:09 am @ Carol
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.
Are royalties passive income?
February 7th, 2013 → 10:39 am @ Carol
An author asks if her book royalties are subject to Social Security tax.
