It’s that time of year again: Time to gather receipts and hope you actually brought in more than you spent on writing! Here are a few links I’ve culled from here and there (many from Charlotte Dillon’s excellent Links for Writers page) to help you in your quest to make this year’s tax season a cool-and-easy ride to profit.
Taxes for Writers by Cyn Mason
Authors and the Internal Revenue Code by Linda Lewis
Writers Guide to Taxes by Linda Adams and Emory Hackman
A Little Tax Advice for Writers by Mary Anne Mohanraj
Fiction Factor links by Julian Block on:
Profit vs. Pleasure: Rules on Losses
Estimated Taxes: Another Deadline Coming Up
Award Winning Writers, Photographers and Artists are Losers Under the Tax Laws
How Long to Keep Financial Records
TAXES AND THE WRITER at Publish Lawyer
A Home Business and Taxes article by Teresa Stone
Here are a few links specific to freelancers as well. Good tips within that can apply to any kind of writer:
Taxes for Freelancers by Durant Imboden
Tax Answers for Freelance Writers at About.com
Want to know even more? You can buy a book on the subject, Writer’s Pocket Tax Guide, at Foolscap & Quill’s.