Tax Tips for Authors

Updated for 2013 tax returns, including the new method for calculating home-office deductions and an expanded chapter for self-publishers!

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 15-lecture course and additional information taught each spring. It is not intended to be an extensive or exhaustive volume on small-business taxes or general tax concepts. It's a concise source of the most useful information for writers preparing their own tax returns. This book is not filled with lots of long-winded stories about clients to fill word count and add pages. You don't have time to read all that. You just want to know how to fill in your forms and what you can and can't deduct. I will answer those questions, as well as provide additional useful and necessary information for tax planning and recordkeeping.

Written by both a writer and a tax preparer, we offer expert knowledge that usually costs hundreds of dollars in tax-prep fees.

Chapters include:
Hobby vs. Business
Legal Issues
What Expenses are Deductible?
Schedule C Walkthrough
Home-office Deduction
Self-employment Tax
Quarterly Estimated Tax
Self-Published Authors
Unpublished Authors
FAQ