Author | Writer | Photographer
My Clun Valley feature is the front cover feature of the latest issue of The People’s Friend. Although a quiet corner of Shropshire, there’s a lot going on there, and …
Why write one novel, when publishers love a series? Simon Whaley chats to two successful series authors. Thirty-six years ago, Arthur Fowler, Ali Osman and Den Watts broke into Reg …
When it comes to the business of writing, it doesn’t get much better than seeing your book in print. And if you’ve chosen the self-publishing route, then chances are you’ve encountered many challenges along the way. But our responsibilities as an author- publisher don’t stop once our book is on sale. There’s another important business responsibility we’re required to undertake.
There’s no doubt history will record 2020 as an exceptional year. You could say, the use of the word unprecedented by the media has, in itself, been unprecedented. While the future is still uncertain for many of us, there are still some certainties in life. Like taxes.
With the January tax deadline looming, now’s a good time to review your financial documentation for your writing business. The various government support schemes for this financial year may mean you need to retain additional information for this financial year.
At the beginning of December last year, I had a fabulous day out in Tenbury Wells at its Mistletoe festival. This year’s event was supposed to take place on Saturday 5th December but, sadly, because of the pandemic, this year’s event has been cancelled. But there are plans for a festival again in 2021!
Why pay for an ISBN for your next self-published book, when some platforms will freely gift one to you? All businesses want lower costs to maximise profits, and that goes …
The freelancer’s world can be one of feast or famine. Simon Whaley investigates how to spread the harvest more evenly.
Traditionally, this is the time of year when farmers across the country bring in the harvest. Suddenly, there’s an abundance of food which, if carefully managed, will last through the winter.
The latest article in my Business of Writing series in Writing Magazine. The poet Robert Graves once claimed, “There’s no money in poetry, but then there’s no poetry in money.” …
Don’t let the IRS take a third of your self-published royalties. Simon Whaley takes you step-by-step through the IRS tax interview process.
No business likes giving away 30% of its income when it doesn’t have to, and that applies to your writing business too. If you’ve opened your first self-published royalty statement to discover 30% of your income has been withheld, you need to act now to stop it happening in the future.
It’s all down to the American Inland Revenue Service (IRS), which requires American companies to withhold 30% of any income earned through them by non-US citizens.
Most of us who self-publish do so via an American-based organisation, such as Amazon, Smashwords, Apple, or Draft2Digital. This means they all have to adhere to IRS regulations. Unless you’ve told these organisations to the contrary, they assume you owe the IRS tax on this royalty income that you’ve earned.
