Taxes for Writers Interview on Monday Jan 17

I’ll be discussing taxes for writers on Monday January 17, 2011 with Felice Gerwitz on her online radio show:

Information In A Nutshell Radio Show

Congress was very busy in 2010 creating new tax laws. Are there any tax breaks for writers?

I’m happy to report some good news.

All workers and self-employed business owners, such as freelance writers, will get a 2% raise thanks to our Uncle Sam for 2011.

Congress decided to stimulate the economy by getting Americans to spend more money. They have done it before with checks in the mail, but this year they will do it by reducing the Social Security tax from 6.2% to 4.2%, but only for 2011.

I’ll discuss the new tax bills, how they may affect freelance writers, authors and publishers.

Tune in live on Monday, January 17 at 3:30 pm EST  at this link:

Hop on over to to receive that handout from the show. Look in the bottom right corner for my report: New Tax Laws in 2010. Anything for Writers?

Carol Topp, CPA