Writing Business: Maximize Travel Deductions By Gary A. Hensley

On the first Monday of each month, Gary offers advice regarding the business side of writing.

Today’s post links to Gary’s recent guest post with Jerry Jenkins.

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Gary Hensley picMost writers pay too much tax on their writing income because they fail to deduct business travel expenses.

For 2012, for every business mile you drive for your work as a writer, the standard allowance is 55.5 cents per mile. (It doesn’t matter what the trip actually costs.)

Click here to read more of Gary’s guest post with Jerry Jenkins at Christian Writers Guild.

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Gary A. Hensley is a 35-year veteran in accounting, auditing, and federal taxation including employment as a Revenue Agent with the IRS (2005-2011). He has been a workshop instructor on the business side of writing. Publications include: Writer’s Digest, Christian Communicator, and Writers Journal. Gary writes at: www.taxsolutionsforwriters.com.

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