Stephanie Hurt – Romance Author

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Time to recharge for new year!

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Ok, the holidays are over so it’s time to buckle down. As an Accountant it’s time to close out the year on all my clients, do W-2’s and 1099″s. Not to mention the start of Tax Season… But as a writer it’s time to buckle down and get out more manuscripts, clean out my work to be done file (It’s rather large 🙂 ) and get all my writing expenses together.

You may be saying oh nooooo… But if you have a method of doing this it helps. I’m here to help. The first thing you need to do is sit down at your work area and declutter. Clutter clouds the mind, or so they say. Funny thing is I know my clutter well and can tell you where anything and everything is in my clutter. 

Ok, once the clutter is somewhat organized make sure all your invoices, papers and such are filed in their correct files. This makes tax time so much easier. What if you didn’t print all your invoices off your email, well now’s time to declutter your email. I always forget to print those pesky things off email, because once they get to the bottom of the list they’re forgotten. So, print all your invoices and remove them from the email. It will make your system run smoother too…

I like to sit down and get all my royalty reports off the many sites I’m on. This takes a moment, but well worth it. You need to know what you can expect in 1099’s. Yes, people, royalties are considered income. I’ve been asked this question multiple times, but writing is a business, so run it as such.

Then sit down and separate all your miscellaneous files such as donations, medical, and office expenses. So many people miss out on tax deductions because they just simply don’t want to take the time to get the paperwork out, but I consider it money in my pocket and who doesn’t like that. Just plan an afternoon in front of the fire sorting paperwork. That’s how I do my own paperwork. I can spread out and have multiple piles. 

Don’t forget any equipment you might have purchased during 2013. Did you get a new laptop, printer, keyboard, mouse, well you know where I’m going with that. Also subscriptions, yep that subscription to the writers magazine is deductible to a writer 🙂 Then of course you have royalties paid to photo sites, yep bet you forgot about those didn’t you?

Then you have all those little expenses that we often forget such as postage, advertising, long distance calls to editors, agents or such as that. Don’t forget any programs you bought that help your writing. They can be costly and are deductible.

These are just a couple of things. Once you’ve cleaned out those packed files or drawers, start the new year off right by setting up a filing system and keep it straight. When you pay bills, or order something online, print that invoice right then and file it, deleting the email. This helps next January be a little less stressful.

I do hope everyone had a great 2013 and look forward to a blessed 2014. 

As always, great writing and May God Bless You…

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Author: stephaniehurt

Stephanie Payne Hurt has been writing stories since she was a teenager, but only started publishing her work in 2012, 30 years later. The romance genre drew her in at an early age. Since 2012 she's published over 15 Romance novels/novellas. Stephanie is a busy lady. She's a Children's Minister, Accountant, wife and mother along with a blogger and writer, along with starting a publishing service called Horseshoe Publishing alongside her publisher. It's been an exciting ride and she looks forward to what the future holds for her writing. Currently she writes romance ranging from Christian, Contemporary, Suspense and Cowboy. Her work is available at many online retailers, on her website and in a bookstore in Zebulon, Georgia near her home. Come by and visit her at http://www.stephaniehurtauthor.com/ and subscribe to get updates and release dates, also her monthly newsletter! Don't forget to join her Street Team for all the new updates and to get free chapters of upcoming books and lots of other prizes.

2 thoughts on “Time to recharge for new year!

  1. Lots of Good advice as usual Stephanie, well done.

    • Thanks Rosie! I’m following my own advice today. Cleaning this hectic office and getting ready for 2014 with a huge session of organization 🙂 Hope you’re having a wonderful day…

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