Buy a book, get 2 videos!

Tax season special for 2020
If you buy the book  Business Tips and Taxes for Writers from this website (i.e. not through or other bookseller), I, author Carol Topp, CPA, will share with you two recorded videos. Tax Preparation for Writers These two videos are recorded webinars about 45 minutes each and cover:
  • Have the IRS tax forms explained in plain English
  • See a sample tax return for an author
  • Know what tax deductions are typical for writers
  • Learn about the new tax deduction for small business
  • Tax tips from a CPA and author
  • Understand what forms you need to send to subcontractors
  • Know when you need to charge sales tax and when you don’t!
  • Be alert to IRS red flags that could trigger and audit
These videos are for writers who are earning  money from their writing or have expenses related to writing and wonder what they can deduct on their tax return. This is professional advice from a CPA and author.
After you complete your purchase (via Payal) I will email you the link and password to watch the videos.If you do not receive the email, contact me, Carol Topp CPA at I hope the book and videos are helpful to you as you prepare your tax return. Carol Topp, CPA

Author to Business Owner:Children’s author Susan Marlow

Author to Business Owner marks the launch of a new series of blog posts designed to provide first-hand business tips for each and every writer. Each special guest has graciously imparted knowledge of their writing business in hopes of encouraging fellow writers to grow and manage their own businesses.

With this, I warmly welcome Susan K. Marlow, children’s book author and part-time editor, to share her experiences with us!

Tell us what you write (genres, titles, etc):

I write historical adventure (with a biblical worldview) for kids from ages 5-14. The Circle C Adventures series for readers 9-14 features 12-year-old Andi Carter, her family, friends, and her horse Taffy in six books of Old West Adventure on the Circle C Ranch in 1880s California. The titles include: Andrea Carter and the … Long Ride Home, Dangerous Decision, Family Secret, San Francisco Smugglers, Trouble with Treasure, and Price of Truth. The Circle C Beginnings are first-chapter books for ages 5-8. They follow the younger adventures of 6-year-old Andi and her baby horse Taffy in 1874. Those six titles include: Andi’s . . . Pony Trouble, Indian Summer, Fair Surprise, Scary School Days, Lonely Little Foal, and Circle C Christmas. I also write study guides and activities to go along with the books, which make them very homeschool friendly (since they are free PDF downloads from the website). I have also written a writing workbook for ages 8-13 titled Reach for the Stars! Young authors work through all the elements (and extras) they need to create a fiction story from beginning to end.

Share a brief summary of your writing career.

My writing career was launched when I wrote my first poem, “The Reflection,” in the third grade. I moved to writing outer space stories from there and wrote throughout high school and college. As a homeschooling mom, I taught all day and “escaped” into the Old West at night. Thus were born the Circle C Adventures. Most were written before I ever dreamed of pursuing publication (in fact, I had no desire to be published. I just liked to imagine and write stories). Again, my mentor prodded me into publication so I could share my stories with others.

Do you write full time or do you still have a day job or outside income?

I have a part-time “day” job as an editor and proofreader for Winepress Publishing Group, a custom publisher. I work pretty much “full time” on various aspects of my writing – mostly marketing, which takes a good deal of time away from actually writing the latest book.

What was your big break?

My biggest publishing break occurred when my mentor, an established author in the CBA industry, endorsed my work and recommended me to her editor, who is the managing editor at Kregel Publications. As a result, my manuscript leaped over the “slush” pile and landed in the editor’s lap. Networking is the key (plus having a saleable manuscript) to having your work looked at by a publisher these days. My biggest business break occurred when the Editorial Director from Winepress Publishing found out I love to edit and proofread. She offered me a job (again, networking was crucial. She was in my writers group). This was a huge break, as it was a way of earning money that I could put back into the business without taking away from our family’s income. Most authors do not make much money from royalties, so having the extra income has allowed me to promote my books with postcards, brochures, bookmarks, etc. as well as finance homeschool conventions.

What is your business structure (sole prop, partnership, nonprofit, corporation, etc)?

I’m the sole proprietor (if that means my name is on all the official paperwork). But I couldn’t do it without my sweet husband, who organizes all of our conventions, does the banking, and takes care of all the taxes and other “business-related” tasks.

How do you do your record keeping (on paper, QuickBooks, use a bookkeeper, etc)?

Every time I make a purchase or receive any income, I write it down by hand on a printed-out Excel spread sheet my husband and I created. It is divided into a variety of categories, including the titles of my books so I can keep track of any orders that come through. After I record the expense, I stuff the receipt into an envelope for safe keeping. Once a month, I transfer the hand-written data into my Excel spread sheet on the computer, which keeps a running total of every expense and every amount of money earned, year to date. The Excel sheet also keeps track of my total net income, which is very handy, as I have to pay the IRS quarterly taxes.

What are your future plans for your business?

My husband and I have discovered that we LOVE homeschool conventions. We have done several since 2009, and did 10 in the West this last year. Our future plans include expanding to being a vendor at homeschool conventions in the Midwest in 2012, and possibly even the East Coast and South in future years. As far as my writing business, so far I have been content to be a CBA author and let the publisher do all the work putting the books together. But we are seriously thinking about venturing into the self-publishing world some day.

Thanks Susan for taking the time to volunteer your experiences and advice! We look forward to reading your stories like, Andi’s Lonely Little Foal. Be sure to visit and learn more about Susan’s stories and curriculum.

Your writing business can be just as successful as Susan’s; pick up a copy of my book, Business Tips and Taxes for Writers, to launch your own business.

Carol Topp, CPA

5 secrets to tax deductions for writers

Here are some great questions on tax deductions asked by authors at a recent writers conference:

What are some obvious, over-the-top tax deductions?

Excessive losses year after year, especially if the losses exceed your full time wages from employment. Excessive travel and entertainment expenses, especially if it appears you took a nice vacation and tried to call it a research expense.

I read a lot. Some of the books are to study other writers or my genre. Are the books I read tax deductions?

This is a gray area. Just keep your business deduction for books reasonable and small and they would probably be justified as business deductions.

I like to be around people when writing and usually write at my local coffee shop. Is the mileage to the coffee shop a business deduction?

Your location to write is a personal preference and not a necessary business expense, but rather a personal expense. The mileage is not deductible.

I hired a transcriptionist. Is it a tax deduction?

Yes; you might put the expenses under Contract Labor or Other Expenses on the Schedule C tax form.

What’s a tax deduction that most writers don’t know about?

Gifts given to business clients or your agent, editor or publicist are deductible. The IRS imposes a limit of $25 per person per year.

Business Tips and Taxes for Writers

Interview 10/24/11 on business tips and taxes for writers

Felice Gerwitz

Join host, Felice Gerwitz and her special guest, Carol Topp, CPA.  Carol will share information about her latest book, Information in a Nutshell: Business Tips and Taxes for Writers!

If you write you won’t want to miss this segment. Carol was asked to write this book by publisher, Felice Gerwitz, to help other writer’s who struggle with the IRS rules in regard to income as an author.

Join us for this lively and informative episode!