Author's Business and Financial Handbook: Tips for Bookkeeping, Accounting, and Taxes (Accounting for Authors)

Are you a nervous wreck when it comes to managing your author business?

Have the legalities made you hesitate to publish?

Do you have no idea what you should be doing, where you should be filing, or what you could be forgetting?

This handbook is broken down into bite-sized, informational pieces that you can use before you spend your hard-earned dollars on an expensive meeting with a CPA.

As a seasoned CPA with over a decade of public accounting experience and a history of helping hundreds of small business owners, including authors, Guion brings you a comprehensive guide that will explain the basics, ease your nerves, and help point you in the right direction.

- No more doubts about what you need to do to be a legitimate business.
- No more posting on social media with your various tax questions and getting questionable advice.
- No more worrying about your responsibilities.

This handbook is custom designed to save the number-nervous author from hours of heartache and stress.

Included:
- What you need to know about starting your author business
- Business entity choices and implications (and their tax forms)
- Hobby vs. self-employment income
- Royalty reporting
- How to record expenses and where they go (with examples)
- Lots of advanced tax tips and savings strategies
- Retirement plan options for authors
- Tax impacts of direct sales
And more!

With customized details, explanations, and examples catered to authors, this guide is your ticket to effortless author enterprise management. Say goodbye to business hassles and embrace a clear, concise, and stress-free approach to managing and understanding your author empire.


You don't know what you don't know – but that doesn’t protect you from getting in trouble with the IRS – learn your business responsibilities and stay on the right side of the US federal tax law.


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I'm a CPA but not your CPA. Nothing in this book is tax advice - it's for educational and informational purposes (to be followed-up with additional research later). Please confirm applicability in your own scenario with an advisor who is familiar with your specific situation.
This handbook is tailored to US federal tax laws as of 2024. There is no state-specific information included.