One of my original critique partners, Christina Mercer, has a secret identity as a CPA, and she's written a book especially with authors and artists in mind! She's taking over my blog today to tell you about it:
Authoring
books is amazingly fun and creative and never, EVER dull . . . However, along
with all that imaginative wonderment,
Authors come closer to becoming mini-accountants than they realize. Why?
Because once anyone becomes an official business owner, he/she crosses into the
realm of accounting and taxes.
Oh, the horrors of it, right? But never fear!
When Authors Mean Business, they have propelled themselves
from merely writing for “fun” to reaping well-earned monetary rewards. AND THAT
IS A GOOD THING, RIGHT? Authors are not only wand-waving story weavers, but
also real-world professionals running businesses that earn money. And, yes,
along with that comes accounting and taxes. If that causes some of you Authors
out there to squirm, just remind yourselves that it’s a sign of monetary
success if your books are earning ENOUGH profits to generate said taxes. And
you don’t have to figure it all out on your own!
In order to help fellow creatives with all of this business
and accounting stuff, I offer a handy
little guide with some important must-knows of accounting, taxation, budgeting,
and planning for the future. Learn the differences between a hobby and a
business; get a handle on different business structures; learn about proper
bookkeeping, sales tax, common and complex tax deductions, retirement options
and more!
NOW AVAILABLE!!
Counting each and every “Bean” earned may not be the idea of
fun and adventure for most, but having lots of beans in the bank is a pretty
great way for Authors to keep on doing what they do love most—WRITING BOOKS! And understanding some important business
and financial basics is a big step toward making that happen.
Once-upon-a-time, Christina Mercer worked as a CPA. Though she retired that formal hat, you can still find
numbers buzzing around her head. She is also an award-winning author of fiction for children and young
adults. She currently resides in Northern California enjoying life with her
husband, sons, pack of large dogs, and about 100,000 honeybees.