A scrupulous writer, in every sentence that he writes, will ask himself at least four questions, thus: 1. What am I trying to say? 2. What words will express it? 3. What image or idiom will make it clearer? 4. Is this image fresh enough to have an effect? -George Orwell
Occasionally my eyes roam across a string words that make me pause and think for a moment or two. I usually write down them down so that I can recall them later. Usually, they indirectly lead me down a path that inspires me to write. Today, I was lucky enough to stumble upon four quotations that will get added to my book. Because I consider this to be an exceptional event, I decided to share with others what words have been on my mind today.
Be courteous to all, but intimate with few, and let those few be well tried before you give them your confidence. True friendship is a plant of slow growth, and must undergo and withstand the shocks of adversity before it is entitled to the appellation. -George Washington
The most beautiful experience we can have is the mysterious. -Albert Einstein
The partisan, when he is engaged in a dispute, cares nothing about the rights of the question, but is anxious only to convince his hearers of his own assertions. -Plato
A scrupulous writer, in every sentence that he writes, will ask himself at least four questions, thus: 1. What am I trying to say? 2. What words will express it? 3. What image or idiom will make it clearer? 4. Is this image fresh enough to have an effect? -George Orwell
Benjamin Franklin famously said, “In this world nothing is certain but death and taxes.” How certain are freelance writers about filing their taxes? Most freelance writers are probably unaware of the tax deductions that they have coming their way, unless they have retained a good accountant. With all of the hard work that freelance writers put into their craft, they need to be aware of what expenses qualify for deductions well before April 15th so that all of the proper documentation is accounted for.
According to the IRS, there are numerous tax deductions for freelance writers. First, be sure to determine if you are a freelance writer or an employee. Freelance writers will receive payments from multiple sources where the taxes are not taken out. If taxes have been deducted, you will be considered an employee rather than a freelance professional. Employee paperwork should be filed in a W-2 tax worksheet. Freelance work will appear on a 1099-MISC form. A 1099-MISC is similar to a W-2 in that it is used to report the income you receive. Income and the expenses that are related to self-employment get filed on a 1040 Schedule C form. In other words, the 1099 will go on the Schedule C.
Before you begin, decide if you want to do your taxes yourself or have a certified CPA prepare them for you. There is certainly no shame in retaining an accountant, especially if numbers are not your forte. A person who freelances and has a day job might want to strongly consider using an accountant. Keep in mind that accounting fees could range in price anywhere from $150-$1000, depending upon if an individual uses an inexpensive accountant or if a person opts for a more extensive return prepared by a CPA.
Tax deductions serve to help individuals determine their real income. It is not cheating the government. Freelancers are considered to be self-employed so any expense that is accrued in order to stay in business gets deducted from the income. Read the list of tax deductions here.
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