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Deductions
Paying Attention to Your Taxes? If, in the best world (which I must admit almost no writers live in), you would have already figured your income for 2021 from your writing and the expenses you can take that income down to make sure you don’t pay taxes. Yeah, and cows can fly. But that is the right way to do it, and honestly, except for 2020, I come close each year to knowing exactly what WMG Publishing made and our tax situation by the last week of the month. I don’t have it to the penny, but I know. (Let’s just say that 2020 surprised me on the income to…
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New Lecture Available
Advanced Business Lecture: Taxes for Writers… This is the second lecture in the Advanced Business Lecture series. The first one was on corporations for writers. This one is about taxes for writers. It is not tax advice, but more of an awareness of the concepts of how writers can save vast amounts of money if they understand taxes in their states, countries, and around the world. Those who bought the full series on the subscription, I sent codes to earlier. If you didn’t get a code, write me. If anyone is interested in just taking the lecture, the cost is $50 and you can find it at: http://wmg-publishing-workshops-and-lectures.teachable.com/ ——————– A…