Do writers as business owners pay taxes twice?

February 28th, 2023 → 10:35 am @

A business owner wonders if she will pay taxes twice, once as the business and again when she takes money out of her business.

Blog &Tax Tips for Writers

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 this author given a gift or is it a sale?

March 12th, 2015 → 1:41 am @

An author wonders if a “thank you donation” she received is a gift or a sale.

Blog &Q&A &Tax Tips for Writers

What income do authors make from publishing?

February 17th, 2014 → 7:53 am @

A survey of 5,000 authors reveals income from publishing.

Author to Business Owner &Blog &Business Tips for Writers

Are gifts from Kickstarter taxable income or a donation?

April 18th, 2013 → 8:26 am @

An author wants to use Kickstarter to crowd fund his book. Is it taxable income to him or a gift?

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

Are the products bloggers recieve for reviews taxable?

March 11th, 2013 → 9:16 am @

The products you receive for review are taxable income. Why? Because you engaged in a business exchange.

Blog &Tax Tips for Writers

Is hobby income from writing taxable?

January 21st, 2013 → 8:37 am @

Any income you make from writing, freelancing, your blog, etc is taxable income, even if it’s just a hobby.

Blog &Q&A &Tax Tips for Writers

Is all hobby income taxable?

December 19th, 2011 → 2:00 pm @

Is all hobby income taxable? Yes; anything you make from writing, your blog, etc is taxable income, even if it’s just a hobby.   Come back next week for as another hobby writing question is answered! Or subscribe to my RSS feed or newsletter on the home page to get these blog posts sent to […]

Blog &Q&A &Tax Tips for Writers