Tax Tips for Authors 2014

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

Authors, 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 offered each spring for authors, 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. As an author and a tax preparer, we can offer 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, Part I
Schedule C Part II: What Expenses Are Deductible?
Home Office Deduction
Self-Employment Tax
Quarterly Estimated Payments
Unpublished Authors
FAQ