Tax Tips for Authors
Get the answers you need
Every spring I run my tax tips class and I always have people saying “I wish I knew that during the year.” So this year I am offering a two-part class. I know you’re busy and don’t want to have a full-on tax course during the holidays. (My qualifications)
But there are plenty of important things to know for year-end tax planning that can save you some money.
The solution: The year-end session will be held first, and the rest of the course will be given in January when you have time to concentrate on how to file your tax return and bookkeeping tips that will help you save money on tax and make better tax-planning decisions in future years.
(Remember, if you pay for the course before December 31, you can write it off your 2013 tax return!)
1. Year-End Planning (December 20-21) + Regular Tax Course (January 10-20) = $25 paid by December 21.
2. Year End Planning ONLY (December 20-21) = $10 paid by December 21
3. Regular Tax Course ONLY (January 10-20) = $20 paid any time
4. Should I Incorporate? (January 25-31) = $30 ($20 if paid by December 21)
5. The Full Monty (All Three Courses) = $50 ($40 if paid by December 21)
6. Pick up a copy of my book Tax Tips for Authors, from Amazon.
I run the courses on a Yahoo Group. You will get an invitation to join the relevant group after I receive your payment. You don’t have to be online when each lecture is posted. You can read at your leisure, then ask questions when you need to, or read other peoples’ questions.
There will be two lectures and open Q&A for an additional week.
Consists of 10 lectures, open Q&A throughout the course and for an additional week. You will have unlimited access to the course lectures, Q&A, plus the option of one private tax question answered off the group.
Writers, are you stymied by Schedule C and self-employment tax? Not sure you’re getting all the deductions you deserve, or uncertain precisely what the IRS allows? You just want to know how to fill in your forms and what you can and can’t deduct. I will answer those questions, as well as provide additional useful and necessary information for tax planning and recordkeeping.
As both a writer and a tax preparer, I offer expert knowledge that usually costs hundreds of dollars in tax prep fees.
Lecture topics include: Hobby vs. Business, Legal Issues, What Expenses are Deductible?, Schedule C Walkthrough, Self-employment Tax, Quarterly Estimated Tax, Deductions for Unpublished Authors
This one is new. Many people wonder if incorporating is the right move for their writing business. For some it will save taxes, but for others it may prove an unnecessary expense. Find out which business entity makes the most sense for your specific situation: sole proprietorship, S-Corp, or LLC.
Once you pay the registration fee and log into the Yahoo Group, you can start posting questions. I will address every participant question either within a lecture or separately if it is not covered in a regular lecture topic. Participant questions help shape the course, so I can make sure to address your specific needs.
Email me if you have any questions: em@emlynley.com