Bookkeeping Basics for Freelance Writers

This book addresses issues writers face daily such as how to deduct travel expenses, determine taxable writing income, and claim home office deductions. Navigating through the recordkeeping required for a small business owner can be difficult. This book is written exclusively for those of us who earn money by writing. It includes useful information to help interpret the complexities of our federal tax code and proven techniques to reduce taxable income. Throughout the book we have included tips from both new and seasoned writers. In the Tips for Success feature writers share the wisdom they have acquired over time. In the Writer s Block feature you will discover specific questions writers have submitted which, when answered, help clarify points made about that topic. You will also find that each part of this book works together to assist you in forming your overall business plan. Each chapter steps through a comprehensive plan that works as a building block towards a successful writing business.