Income Tax Basics for Authors

Today’s installment of “Managing the Business Side of Your Writing Career” takes a look at another business-related topic: income taxes. Most authors hope to become full-time writers, supported entirely by income from sales of their works. However, many authors continue to work a “day job” in addition to writing, at least during the early years of their careers.  Once an author begins receiving income from his or her writing, however, the author needs to be aware of special tax issues this income creates. For those who already work as independent contractors, these issues should be familiar. However, authors whose previous work experience

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