Monday Funnies – With GARFIELD
Along with these funnies borrowed from Chris The Story Reading Ape’s blog, I would like to ask authors about doing taxes. Well, I know a lot of you are British and there may be a couple Canadians reading too. But this is what I heard about taxes in the U.S. “You have three years to start making money; after that it is considered a hobby, if you still aren’t making a profit.” Ok, I probably read that somewhere.
Any thoughts on this would be helpful. For instance, if you are traveling & you do a book event, are you allowed to claim the trip? What about a car rental? Yeah, I know, I should talk to my CPA, but he’s in LA & is super busy; he never returns my calls.
Originally posted on Chris The Story Reading Ape's Blog:
