As an author/business owner what deductions can I take on my taxes?
In the coming months, I’ll be going through my all my paperwork, ensuring I have listed all my income and all my expenses, ready to submit to my certified public accountant (CPA).
If you’re like me, you cringe at all this number-crunching stuff and whether you’re doing it right for the IRS.
An accountant friend, as well as my own CPA, advised I use the IRS Schedule C (Form 1040) to guide how I track my business revenue and expenses. It is the same advice I’m giving you, along with some added details.* [Read more…] about As an author, what expenses can I deduct?