Deb McAlister has written a white paper called called Taxing Questions: What Makes a Writer or Blogger a Professional, and from her description, it behooves freelance writers to at least take a look. There have been a lot of changes in the last couple of years, both to the tax code and to the types of freelance writers that are trying to make a living, and it’s important to know what you’re doing when it comes to dealing with the IRS.
In the blog, Deb lists a few myths about taxes & freelancers, such as:
Myth # 2: Deducting the cost of your home office is difficult because of all the records you have to keep, and it’s sure to trigger an audit. (Wrong. For 2013, there’s a new flat-rate deduction that requires far less paperwork and there’s no longer a clear link between an audit and the home office deduction.)
You can read the rest of the myths, and find a link to the white paper, at her blog, which is called Marketing Where Technology Intersects Life.