I don’t know about you, but I start my taxes in December, finish in January, and file in February. Yes, I know that’s early, but since I usually plan to get a refund, I want to get my money as soon as possible. Since this is my first year as an author, but my thirty-eighth year filing my own taxes (you do the math!) I thought I’d share what works for me as a course for authors: Taxes 101 For Authors.
Objections?
What??? You don’t care? You’re not an author? Well, do you pay taxes? If you do, you still might find this post useful. Otherwise, go read Zombie Turkeys!
You wonder why you should listen to the foremost paranormal animal author of comic urban fantasy, instead of say, your tax advisor? Good question! If you have a tax advisor, great! Listen to him or her. But, if you’re running on a shoestring budget, like me, and you’re cheap, like me, and want to do it yourself, then read on! Or maybe you’re the artistic type and you hate taxes and numbers.
No worry! What I will cover doesn’t involve numbers at all! It’s just the best practices I have found over thirty years of practice, plus four years as a Management Science major, plus three years of training for my MBA. Finally, plus one year as a published author. Plus, later on I give you a free spreadsheet to track your book numbers, the same one I use for Zombie Turkeys.