Tax Tips for Authors

Tax Tips for Authors

by EM Lynley, N.S. Smith

NOOK Book(eBook)


Available on Compatible NOOK Devices and the free NOOK Apps.
WANT A NOOK?  Explore Now
LEND ME® See Details


Updated January 2014 for use in preparing 2013 tax returns. Now includes new methodology for home office deduction and a special section for self-published authors.

Writers, are you stymied by Schedule C and self-employment tax? Not sure you’re getting all the deductions you deserve, or uncertain precisely what the IRS allows?

This book is a compilation of a 10-lecture online course taught each spring especially for writers, focusing on exactly what you need to know to file your tax return accurately, and with the most comprehensive deductions list for writers, published or not. Written by both an author and a tax preparer, this book provides expert knowledge that usually costs hundreds of dollars in tax prep fees.

Chapters include:
Legal Issues: Licenses, Company Structure, EIN
Hobby vs. Business
How to Tackle the Schedule C
Schedule C Part II: What Expenses Are Deductible?
Home Office Deduction
Self-Employment Tax
Quarterly Estimated Payments
Unpublished Authors
Self-Published Authors

Product Details

BN ID: 2940149308118
Publisher: Silk Road Press
Publication date: 03/15/2014
Sold by: Draft2Digital
Format: NOOK Book
File size: 573 KB

Customer Reviews

Most Helpful Customer Reviews

See All Customer Reviews

Tax Tips for Authors 5 out of 5 based on 0 ratings. 1 reviews.
Anonymous More than 1 year ago
You are writing a story, but at the end right before you post it, you realize you've went a little over the character (letter) limit. <p> Instead of deleting "useless" details, do this: <br> Go back and replace all the 'and's you have with '&'. Writers tend to use the word 'and' a lot, which is fine. So if you go back and change every single 'and' to '&', you will probably get back to 0 characters remaining or higher! <p> (I hope these tips will help any beginning authors or writers who struggle with these kinds of things! More tips will be written in the following results.) -&#1071|Reflections&#9830