It’s tax time. Time to gather up the receipts and visit the accountant. I’ve used the same tax man for over 20 years. It’s great having someone who can answer all my questions, especially in regards to what I can and cannot deduct for my writing.
A helpful tip is to keep your receipts together so you aren’t digging through a bunch of folders or drawers to find them. I keep mine in a 9 x 6 inch envelope. Before I put them into the envelope, I will write a little memo on the back telling me what the expense was for. Come tax time I separate the receipts by category, and then add up the various totals.
Make sure you remember to keep track of your mileage. Even your trips to the post office and to the library count.
So are you ready for tax time?
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