Category Archives: The Business of Writing

Writers Only « Moore Bookkeeping

If you’ve ever wanted to be a writer, you’re in good company. Most of the people I know either have written a book or would like to. The trick is knowing what to do with the money you’ll make! Take a look at the “Writers Only” section of Moore Bookkeeping for a book now available to guide you along the path!

Writers Only « Moore Bookkeeping.

The Trouble with Accountants

Question: What’s the definition of an accountant?

Answer: Someone who solves a problem you didn’t know you had in a way you don’t understand.

Few people know what accountants are talking about. Generally, nobody wants to talk to them unless they have to, and when pressed into conversation with one, images of screaming and half-dressed people in scary, dark places fill the mind.

Okay, maybe it’s not that bad…but close.

Most everyone has to deal with money and bills and taxes. And what do all bill-paying, tax-paying, money people want? We want fast, easy, and painless—without any scary, dark places.

We want Super Accountant to swoop in and fix everything!

But since Marvel never created this super heroine, and I’m having a hard time picturing what the special powers would be anyway—Disappearing decimals? Infinite pencil lead? Unwrinkle-able paper?—I’m at a loss.

Or I was…

Until I decided to start digging. What do I, non-super-heroine, need to know to manage my writing income? I’d learned plenty in college (Bachelor’s Degree) and plenty more in life (25 years’ experience in bookkeeping), but all of that just muddies the water. What’s the bare minimum I need to know to pull this stuff together and stay out of trouble?

I figured it out, and I wrote it all down. If you’re interested, you can save yourself the trouble of figuring it out yourself. Check out The Business of Writing.

I love accountants, so just one accountant joke, and I’m out:

Two accountancy students were riding bikes across campus when one said, “Where did you get such a great bike?”

The second student replied, “Well, I was walking along yesterday minding my own business when a beautiful woman rode up on this bike. She threw the bike to the ground, took off all her clothes and said, “Take what you want.”

The first student nodded approvingly, “Good choice; the clothes probably wouldn’t have fit.”

The Business of Writing Now Available

THE BUSINESS OF WRITING is now available for purchase at Amazon. This electronic book is geared specifically to the needs of writers and their business.

Most writers are imaginative people living vicariously in the wonderful worlds they create. Words are their tools and their joy. Numbers are another story. The idea of balancing a checkbook, filing taxes or anything financial besides cashing royalty checks is something they either love (not often), HATE, or just don’t really get or care about.

THE BUSINESS OF WRITING will make managing the financial side of your career as straight-forward as writing “The End” on your latest creation.

You need to know what’s happening with your money. If you find you are perfectly capable of doing the work yourself, but you just don’t want to, THE BUSINESS OF WRITING will show you what you’ll absolutely have to know when trusting someone else with your money. There are too many horror stories about people entrusting their finances to an “expert” only to find themselves mismanaged, robbed or flat broke. You don’t want to be that writer, and I don’t want you to be that writer.

You’ll learn all these things:

1. What expenses are specific to writers–when they are deductible and when they aren’t.
2. What receipts you need and how long to hold onto them.
3. What financial rules pertain specifically to writers.
4. What the Hobby Loss Rule is and why you need to know about it.
5. How you can get all of your financial paperwork organized once and for all.
6. How you should be organized—-Sole Proprietor, General Partnership, C corporation, LLC, Subchapter S Corporation–and why.
7. And much, much more!

BONUS! Along with the purchase of THE BUSINESS OF WRITING, you’ll receive links and references for important financial and tax information essential for running your business as well as FREE DOWNLOADABLE FORMS to use in preparing your own Money Journal, the key to your financial success.