Now is the time to think about taxes.
SAVE ALL RECIEPTS
This is a new year. Find a shoebox or an envelope to put the reciepts in.
Stamps, computer paper, business cards are deductable. Writer's conference and everything that you spend on that trip maybe deductable.
If you are planning on selling your book on amazon.com or the kindle store...then you have a business and will have report your earnings.....you will need deductions....So start thinking like a business person. OR you will be paying more in taxes.
Talk to your tax person and find out what you need to do. The more you prepare now, the better off you will be.
You don't want the IRS pounding at your door, so you need to find out what you need to do.
Keep Writing and SAVE those RECIEPTS
Check out my other Blog:
http://iamwalkingwithgod.blogspot.com/
Write Something Today
SAVE ALL RECIEPTS
This is a new year. Find a shoebox or an envelope to put the reciepts in.
Stamps, computer paper, business cards are deductable. Writer's conference and everything that you spend on that trip maybe deductable.
If you are planning on selling your book on amazon.com or the kindle store...then you have a business and will have report your earnings.....you will need deductions....So start thinking like a business person. OR you will be paying more in taxes.
Talk to your tax person and find out what you need to do. The more you prepare now, the better off you will be.
You don't want the IRS pounding at your door, so you need to find out what you need to do.
Keep Writing and SAVE those RECIEPTS
Check out my other Blog:
http://iamwalkingwithgod.blogspot.com/
Write Something Today
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