5 Top Tax Tips for Writers #taxtips #taxes

Tax Tips for Authors

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As both a published author, and a tax preparer, I know exactly the worries and frustrations my fellow authors go through every year. If  you use tax prep software, you’re never sure what’s allowed or where on Schedule C to put the cost of your website and cover art–or you pay through the nose for an accountant to do your return. Kayelle asked me to offer a few tips to help you feel a little more confident about your taxes, whether this year as you rush to finish by April 15, or pick up some advice to help you out when you file next year.

1. You can write off that whip you bought while researching your BDSM story! There’s quite a bit of latitude for authors to deduct research expenses. Just ask yourself: “Would I buy this if I weren’t writing a story about X?” If not, then it’s…

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