Tax talk… It’s almost that time!

Photo by Karolina Grabowska on Pexels.com

I know, the dreaded TAX word. As an Accountant, this is the time to gear up for the new season that is coming in only two weeks. 2020 was a crazy tax season with extended deadlines, call meetings and lots of questions. Let’s hope 2021 goes smoother.

But, as a author, there are many things to think about. If you’ve earned royalties, then you’ll need to file that. I do have some light at the end of that tunnel though, expenses…

Here are some of the expenses that an author can claim:

  • Writing Programs
  • Educational courses to help with writing
  • Office supplies – pens, paper, ink, notebooks, etc.
  • Subscriptions to writing sites or programs
  • Fees for book signings (Hopefully you were able to get some in before things changed)
  • Advertising
  • Computers (Remember to delegate the percentage you use it for writing.)

That’s just a small list. But, hopefully you did great this year and need to claim some expenses.

So, good writing and May God Bless You…

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