Thursday, January 28, 2010

The Issue of Taxes



A recent issue of Hope Clark's Funds for Writers featured an article by Thursday Bram entitled What Your Tax Preparer Wants to See From You.

Jill Kemerer shares more great information over at her blog. She offers financial planning links and self employment tips for this writing life.
 
Since tax season is upon us, I'm open to any good tips I can find. How about you? Have any savvy tax tips for your writer friends? Please share them with us!

Happy Writing:)

22 comments :

  1. Will check them out, Karen. You are always so thoughtful in wanting to pass on information to others. Thank you so much. Sincerely, Susan from writingstraightfromtheheart.blogspot.com

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  2. Hi Susan,
    Always nice to see you here:) Thanks for the compliment. I try and pass along info that I find helpful.
    Blessings,
    Karen

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  3. ECK! Tax season. I use to have to deal with this every day. ECK!

    Make sure to claim your personal office, if you have one. Just a desk and a chair and WALA. Even gas and mileage to critique group meetings can be counted as business expense.

    Have a great day!!

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  4. Robyn,
    Thanks for the tips!
    Blessings:)
    Karen

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  5. Thanks so much for mentioning my blog! Taxes for the self-employed can be confusing. Thanks for the great tips!

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  6. Jill,
    You are welcome. Stopping at your blog is always worth it, and fun too:)
    Blessings,
    Karen

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  7. Wish I had tips, but I don't, other than keeping paperwork in order.
    Ack. Don't you just wish we could get rid of taxes??

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  8. Jessica,
    Well, keeping paperwork in order is the important step we all need to keep in mind! Yes, I'd like to pass on taxes too, but somehow don't think that'll happen till heaven:)
    Blessings!

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  9. Hi Karen -

    I keep all my writing expenses in a separate folder for easy access.

    Blessings,
    Susan :)

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  10. Susan R.,
    Good advice! Need to stay organized, that's for sure.
    Blessings:)
    Karen

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  11. Thanks for mentioning my article. I've also written about freelance taxes on my own site (thursdaybram.com) — it's a topic that there is just so much information on.

    Most recently, my CPA recommended using a credit card (separate from all other accounts) for business expenses, to make tracking them easier.

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  12. Thursday,
    Hello and thanks for stopping by! Your articles on FFW were helpful; I appreciate the info. Will visit your website.
    Thanks for commenting,
    Karen

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  13. I'm just thrilled to finally have some income and expenses to report!! I guess I'm a writer now. :) Thanks for the links.
    My only suggestion comes from personal bad habits - don't put off organization till the last minute!

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  14. Jan,
    That is an important tip! No fun to learn the hard way. Thanks for coming by:)
    Blessings,
    Karen

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  15. No, I have NOOOOO tax or $$ tips. Just awful with both of them.

    So glad my hubby helps out in this area.

    Cooking good meals is a cheap price for a good $-manager. LOL

    Patti

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  16. Hi Patti,
    Cooking is a good thing! :) My hubby helps with the taxes too. Thankful for that. Thanks for coming by!
    Blessings,
    Karen

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  17. Thanks for the links! This has never crossed my mind before! I can't wait until it becomes a real issue!!!

    -Alisa Hope

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  18. Alisa,
    You are welcome. Hope they are helpful when you need them:)
    Blessings,
    Karen

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  19. Thanks for the links, I'm heading there next. My only tax tip is to keep the reciepts of any mailed submissions.

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  20. Lindsey,
    That's a good one! Thanks for sharing and for stopping by:)
    Blessings,
    Karen

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  21. Hi Carla,
    Always good to see you. Glad that this might be helpful. Have a wonderful weekend!
    Blessings,
    Karen

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Thanks for stopping by! I appreciate your input. Have a blessed day!