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 Home Office Deduction Self-Employment Tax Quarterly Estimated Payments Unpublished Authors FAQ
EM Lynley, a Rainbow Award winner and EPPIE finalist, has worked in high finance, high tech, and in the wine industry, though she'd rather be writing hot, romantic man-on-man action. She spent 10 years as an economist and financial analyst, including a year as a White House Staff Economist, but only because all the intern positions were filled. Tired of boring herself and others with dry business reports and articles, her creative muse is back and naughtier than ever. She has lived and worked in London, Tokyo and Washington, D.C., but the San Francisco Bay Area is home for now.
She is the author of Sex, Lies & Wedding Bells, the Precious Gems series from Dreamspinner Press, and the Rewriting History series starring a sexy jewel thief, among others.
Visit her online at www.emlynley.comread more