top of page

šŸ’¼ Uncle Sam Visits Annually šŸ—ƒļø

  • Jan 24, 2024
  • 1 min read

Updated: Mar 13, 2024

šŸ—‚ļøIndie-Authors should not neglect the administrative aspect of book publishing.


ree

šŸ”–Organize receipts and transactions and keep all handy for tax filing when Uncle Sam visits or for future reference.


šŸ”–Best to use a CPA unless you are skilled at tax filing and checking all the crucial expense boxes.


šŸ”–Audit your business monthly regardless of high or low book sales.

Ā  šŸ—‚ļø Monthly audits allow you to strategize and implement needed actions.


šŸ”–Avoid shortcuts and the ā€œlittle liesā€ when you claim business taxes.

Ā šŸ’°Paid services are not ā€œPersonal Giftsā€ but earned incomes.


šŸ’¼ Remember that Uncle Sam is diligent, and businesses can be audited. šŸ—ƒļø


šŸ‘So best to function with a pure conscience and get Expert Coaching for your publishing projects throughout 2024.

Comments


bottom of page