Bookkeeping Basics for Freelance Writers
Accounting expert and writer Brigitte A. Thompson has written a new book to help freelance writers take control of their bookkeeping and finances. She was recently interviewed on the Writing Show. You can listen to her tax tips today on the writingshow.com.
“Bookkeeping Basics for Freelance Writers,” published by Crystal Press, addresses issues writers face such as how to deduct travel expenses, determine taxable writing income and claim home office deductions. Written exclusively for writers, the book helps freelancers get organized, understand the federal tax code and reduce taxable income by maximizing legal deductions. Throughout the book Thompson shares tips from writers and answers questions submitted by others.
Freelance writers are self-employed and sell their work to publishers, public relations departments, Web site owners, newspapers, media producers, advertising agencies and many other outlets.
“Making the leap from stable employment to freelance work opens the door to flexibility, but also requires a keen understanding of the intricacies of business operation including recordkeeping,”
Thompson is the president of Datamaster Accounting Services, LLC, and author of numerous finance books. She has worked in the accounting field since 1986 and is a member of the American Institute of Professional Bookkeepers and Vermont Tax Practitioners Association. A freelance writer, Thompson’s articles have appeared nationally in print and online publications.
Reviews:
“A practical manual that covers far more than its title — not just bookkeeping but many other business aspects of running a freelance writing business in the U.S. I had to find all this out from trial and error — this book will give you a great head start.”
-- Shel Horowitz, author of Grassroots Marketing for Authors and Publishers
“Becoming a freelance writer is really exciting, and it can be easy to get caught up in getting your business off the ground. But many creative types do their bookkeeping basics on the fly, or not at all. Bookkeeping Basics for Freelance Writers explains how to track your expenses, file for taxes, and organize your business in an easy-to-understand way. More importantly, it helps freelancers understand that keeping the financial aspect of their business organized is just as critical to success as that first big article published in a national magazine.”
-- Amy Forstadt, Freelance Communications and Marketing Specialist
Photo:
http://www.prlog.org/
