Money

  • Getting Ready for Taxes

    Getting Ready for Taxes

    The best advice I received when asking about filing taxes was to treat being an author like a business. This way you can record it as a business (and not just hobby income) on your taxes. If you keep track of these things starting right now, it will be much easier to do your taxes.…

  • Filing Taxes

    Filing Taxes

    These are just some basic guidelines. State Sales Tax You only need to pay on the royalties that you receive. You will get a 1099-Misc from Amazon (or where ever your books are sold). Use this to file with your state. If you buy books and sell them personally, you paid sales tax when you…

  • Money Matters

    Money Matters

    You may have begun to write… or not. But you know there’s a book in your future. These are just a few quick and dirty things to do. If you end up with a book in hand, you’ll be happy these things were done. If that book never materializes, there is no harm done. Open…