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Tax Time

Lots of stuff is deductible for the freelance writer and aspiring author. (Hint #1: Your home office is technically deductible – but if/when you sell the house to move, you have to pay some of the money back. Feh. I move too often to want to deal with that.) I have an accountant, because part of handling the business end of a writing career is knowing when you’re in over your head.

My accountant is quite accustomed to my spreadsheets. (Hint #2: The accountant doesn’t actually need or want your receipts. You keep those in a box in the event of an audit – which is somewhat more likely for the self-employed. Just give the accountant a reckoning – I track everything on a spreadsheet during the year, and print it out for him in January.) He approves of my anal retentive nature when it comes to categories and itemizing. He is long since accustomed to seeing an entry for the annual copy of Writer’s Market, for example.

But I really don’t know what he’s going to make of my entries for various Spice, Ellora’s Cave, Samhain, and Blaze titles under the “research” subheading this year.

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