By Qaey Williams
Here I have to post on Tax Day! For those of you in the United States, you all understand the importance of April 15th. Well, I’ll tell you, I have just completed my taxes and I’m warning you now, if you are an author you will definitely need to start getting organized.
Why do I say this? Because the information you’ll have to have on hand when you do your taxes after you start making a little money on your books will require a lot of careful record keeping. If you have the chance to talk with an accountant, make sure you take notes!
I am not an accountant, but I do know that as an author, I can write off my membership dues for Romance Writers of America (both the national dues and the chapter dues). I can also deduct conference fees, mailing costs, contest fees, mileage to and from meetings, travel expenses for conferences, etc.
Here’s my advice for today– get a notebook and envelopes and begin saving every receipt! Keep a detailed list of information associated with the receipts. Identify all expenditures in your notebook. I’m getting all my paperwork together now for next year (tonight’s 3 hour session to get my federal and state income taxes done was a big wake-up call.)
If any of you have advice for keeping the receipts and information organized and such, I would be most appreciative. Take care all and have a great tax day!



