The Taxing Process of Writing!

The Indie Spot!

200-fingers-typing

Today I am sharing space here with indie author and publisher Traci Sanders. Traci has written a fantastic new series that will help even the seasoned pro write it better. Here, in her own words, is Ms. Sanders…

MY 3 BOOKS

Tip 358: What you can “write off” as an author

(tax deductions)

*This tip can be found in Living The Write Life: Tips on making the most of your writing skills, now available in digital and paperback format.
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Are you an Indie author? If so, you are a contractor, whether you like it or not. Regardless which company you publish with, you will be required to answer a few basic questions to set up your tax account with them. When you sell any books, they need to know how and where to send your money.
Therefore, no matter how much (or how little) money you make on your books, you must…

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