tag:blogger.com,1999:blog-7454222325290313520.post8276872718372696991..comments2024-03-28T05:13:12.886-04:00Comments on QueryTracker Blog: Is Your Writing a Hobby or a Business?Patrickhttp://www.blogger.com/profile/17771807777617244491noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-7454222325290313520.post-79714367623441649612013-01-31T15:29:25.886-05:002013-01-31T15:29:25.886-05:00For people who HATE doing their own taxes, there i...For people who HATE doing their own taxes, there is another way, and it's honestly not that much more expensive than paying for good home-and-business tax software.<br /><br />If you have trouble doing your taxes personally (or hate it with a passion), it might be worth hiring someone to do all of your taxes if you're going to start filing as a business, too. <br /><br />It gets more complicated when you start filing as a business. I got so frustrated with the TurboTax Home & Business software because I could often come up with different totals depending on how I answered questions that could go more than one way. I was so worried about being audited because I don't make much money on writing that I finally just decided to try having someone do it for me. (Besides, the software was so much more expensive than the Home software that it's not much more for me to pay someone to do it.) <br /><br />I have a financial advisor, and his group has a tax planner, so I have her do my taxes. There's always a discount if you get everything in by a certain date, and for me it's totally worth the money it costs to have it done. By the by, I just looked online at the cost of the software--http://amzn.to/VwZCXk--and it's come down considerably since the last time I filed myself, but for me, twice that price is worth it.) Plus, the group returns all of my paperwork and evidence in a nice folder with the date on it, which is easy to pull if I ever need it. (Also, I figure if I ever get audited, I go back to the group if I need help and it will be easy for them because they're the ones who prepared my files.) <br /><br />Oh yeah, and in January of each year they send me this great packet of information that guides me step-by-step through reporting info and gathering evidence, which saves me a lot of time and headache.Carolyn Kaufman | @CMKaufmanhttps://www.blogger.com/profile/07715666518147779502noreply@blogger.comtag:blogger.com,1999:blog-7454222325290313520.post-37277279458025879522013-01-31T10:51:15.958-05:002013-01-31T10:51:15.958-05:00Great post! And guess what - I sorta like doing my...Great post! And guess what - I sorta like doing my taxes, too. Because I've done freelance writing on the side for a couple years, I've gotten used to accounting for that come tax time - now I'm expanding my writerlyness (and inventing words) to include book-length works - have completed one novel and one memoir, and working to find both of those a home. So how I do my taxes this year may change a bit (oh, and I haven't done mine yet 'cuz I'm still waiting to receive all my 1099 forms, etc., etc., etc.).Anonymoushttps://www.blogger.com/profile/09388913195110793761noreply@blogger.comtag:blogger.com,1999:blog-7454222325290313520.post-68140349303753379412013-01-31T07:24:06.253-05:002013-01-31T07:24:06.253-05:00Thanks, Red and mgn!
As much as I like doing my t...Thanks, Red and mgn!<br /><br />As much as I like doing my taxes, however, I admit my folder is still sitting next to my desk.<br /><br />I blame deadlines, not procrastination! ;)Ash Krafton | @ashkraftonhttps://www.blogger.com/profile/16958256604970916899noreply@blogger.comtag:blogger.com,1999:blog-7454222325290313520.post-74170908351087034092013-01-31T07:23:42.006-05:002013-01-31T07:23:42.006-05:00Thanks, Red and mgn!
As much as I like doing my t...Thanks, Red and mgn!<br /><br />As much as I like doing my taxes, however, I admit my folder is still sitting next to my desk.<br /><br />I blame deadlines, not procrastination! ;)Ash Krafton | @ashkraftonhttps://www.blogger.com/profile/16958256604970916899noreply@blogger.comtag:blogger.com,1999:blog-7454222325290313520.post-56040013998826064502013-01-30T14:19:43.465-05:002013-01-30T14:19:43.465-05:00Well put, Ash.Well put, Ash.Red Tashhttps://www.blogger.com/profile/18329547876023423333noreply@blogger.comtag:blogger.com,1999:blog-7454222325290313520.post-90980147186754537532013-01-30T12:55:11.764-05:002013-01-30T12:55:11.764-05:00Very nice post with a lot of great info. But who e...Very nice post with a lot of great info. But who enjoys doing their taxes? Yuck!middle grade ninjahttps://www.blogger.com/profile/15132043736808253237noreply@blogger.com