Re-creating missing receipts
March 20, 2012 by Danica Favorite
Filed under Blog, Writing Business
Have you ever lost an important tax receipt? I accidentally deleted a folder in my inbox one day. You know the one… the one where I file all of my receipts from Amazon. Not a great move, considering I need all of those receipts for my taxes. Or how about the day when my lovely [...]
Hobby Loss interpretation for writers
March 13, 2012 by Danica Favorite
Filed under Blog, Writing Business
A lot of writers wonder if their writing business will be considered a hobby by the IRS. The IRS has specific guidelines for determining whether or not a business is for profit, but some of the rules can appear confusing, especially as they relate to writers. While the following list can’t replace sitting down with [...]
Do I need to file taxes as a writer?
March 6, 2012 by Danica Favorite
Filed under Blog, Writing Business
Tuesday are Tax Tips Tuesday here for the next month. Need more relavent information on writing and taxes? Click on the tag Tax Tips Tuesday or click HERE! Do I need to file taxes as a writer? The simple answer is it depends. Here are a few considerations in deciding whether or not [...]
Taxes and Writers
May 1, 2011 by Danica Favorite
Filed under Industry, Publishing
Do I need to file taxes as a writer? The simple answer is it depends. Here are a few considerations in deciding whether or not to put your writing on your tax return. Did you receive any income? Many people think you need a certain amount of income to have to file, however, this is [...]





