Tax Tips for Authors
EM Lynley & N.S. Smith
This book is available for download with iBooks on your Mac or iOS device. Books can be read with iBooks on your Mac or iOS device.
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.
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
Quarterly Estimated Payments