writers tax tips

9 posts

6 Tips for Freelance Writers and Authors Who Can’t Pay Their Income Taxes

If you’re a writer who can’t pay your income taxes, you’re not alone! These ways to deal with unaffordable taxes may help freelance writers, published authors, and even bloggers who are struggling with financial debt. According to the Internal Revenue Service, U.S. residents filed more than 131 million federal income tax returns in 2008. Last year, 9.7 million accounts were […]

Taxes for Working Writers – Getting Organized for Income Tax Season

The downside of making money as a writer or blogger is paying income taxes; to ease your pain come April, here are eight ways for working writers and bloggers to get their taxes organized. This is important, fellow scribes, because the sooner you treat freelance writing like a business, the more money you’ll earn as a writer (and the more income tax you’ll pay […]

Should Freelance Writers or Bloggers Hire Bookkeepers or Accountants?

You don’t need to earn a full-time income from freelance writing or blogging to hire an accountant or bookkeeper! Investing in your writing career by hiring someone to do your taxes and keep your income and expenditures organized may be the best move you make this year. Here are a few ways to know if you should outsource your bookkeeping and […]

6 Bookkeeping Tips for Freelance Writers and Bloggers

These bookkeeping tips are for freelance writers and bloggers who make money writing. If you’re earning an income, you need to keep accurate records of your income and expenditures. These bookkeeping tips for small businesses are simple yet important, and they’ll save you time and frustration at tax time… Before the tips, a quip: “Writing is turning one’s worst moments into money.” ~ […]

A Freelance Writer’s Invoice and Payment Spreadsheet – Example

This example of a freelance writer’s invoice and payment spreadsheet is simple and easy. Working writers don’t need expensive software to track invoices and payment — this Excel spreadsheet has worked for me for years.  But, before the tips, a quip… “Almost anyone can become an author; the business is to collect money and fame from this state of being.” – A.A. […]

Creating Multiple Streams of Income for Writers

Financial expert Brandon Wilkins describes how successful writers can create multiple income streams – and why we want to! Before the tips, a quip: Never work just for money or for power. They won’t save your soul or help you sleep at night. – Marian Wright Edelman. The ideal way to earn money is to find something that fulfills your passion, […]