It's tax time in writer's land. For many that means paying taxes on your writing business. You probably already know that you can use office supplies as deductions on your taxes, but there are a lot of other things you can use, too. Here are some ideas:
- Magazine subscriptions that are used for research that pertains to your writing
- The space that you use as your office
- Internet fees
- PayPal fees
- Fees for Elance or other job sites
- Books used as research or learning tools for your writing
- Camera and accessories if you take your own pictures for articles
- Shipping costs
- Domain name and website costs
- Software such as Microsoft Word
- Trips (travel expenses, hotel fees, etc.) used as research for articles
Now, I'm not a tax professional, so contact your accountant or tax preparer for more information on these potential tax deductions for writers.
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