Friday, March 28, 2008

Hailing all Taxes

Somehow another year has passed us by and it's already time to start getting our receipts in order. The tax man cometh whether or not we're ready. Writers receiving "independent contractor" income, reported on a 1099 form, should be using extra care with their record keeping. The high-cost of self-employment taxes means that you'd better be taking all the legal deductions you can.

Need extra help? Nash Black has published the book Writing as a Small Business which offers advice specifically geared towards writers.

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