Recent Posts

Pages: « 1 2 3 4 5 6 7 8 9 10 »
51
Marketing Loft [Public] / I just fainted (Bookbub ad)
« Last post by JRTomlin on July 13, 2019, 04:31:07 AM »
For the first time ever, I have a BB ad that is doing well. No, I can't explain it. I am targeting the same list of authors I always have. It's not the first freebie I've used an ad for. Maybe the ad is somehow magical? It couldn't possibly be simpler, a Canva thing I put together even using one of their backgrounds. It started yesterday and today with 2,000 impressions it has 76 clicks which works out to 3.91% CTR. I am officially gobsmacked.

52
QUOTE:
"I prefer to enjoy write as a hobby rather than to try and earn my daily bread from wordsmithing.


MY OPINION FROM THE RIGHT FIELD:

I would hate to have a tax examiner see that statement as he examines my tax deductions for a business I said I would do as a hobby instead of trying to make money.

IANAL or a CPA.

However, if you read the IRS rules or just google some online advice, you'll see that hobby businesses are allowed to deduct expenses. They simply aren't allowed to take losses. If you break even or make a small profit, you should be fine. The problem with all home businesses is that most of them lose money and then the person involved--or the spouse--wants to take that loss against other taxable income. That is when the hobby determination comes into play. 

By the way, gamblers are allowed to deduct all their gambling losses against their winnings if they itemize, and there are plenty of hobby gamblers doing just that. If you see someone picking up tickets at the track that others have thrown down in disgust, you know that person is taking extra gambling losses. Now that casinos want all customers to have special cards and give them yearly printouts of their gaming, it's not as easy to get away with, but I'm sure some people still do.

I agree that someone who doesn't make a profit as an indie and who wants to deduct losses against other income should be careful about what is said publicly. The people who consistently take losses have historically been high on the IRS's hit list--but most of the time, the IRS goes after the ones whose businesses generate a lot of cash but little or no profit. The IRS is looking for big chunks of money first of all, although it does have a chilling history of spite audits of small fry.

So the easiest way to stop worrying about the hobby rule is to make a profit.  :smilie_zauber:
53
Formatter's Forge [Public] / Some Free Fonts available at MyFont
« Last post by RPatton on July 13, 2019, 03:06:43 AM »
So MyFonts sent me an email letting me know about some free fonts they have available and I thought I would share.

Grandis (https://www.myfonts.com/fonts/eimapas/grandis/) Great for Sci-Fi and both the regular and italic fonts are available plus some other weights and styles!

Cocomat Pro (https://www.myfonts.com/fonts/zetafonts/cocomat-pro/) Both the regular and italic in the medium weight are free.

Diara (https://www.myfonts.com/fonts/anita-jurgeleit/diara/) Crown and Umbra are available for free (Crown is a fun decorative font for drop caps for the right book)

Marlin (https://www.myfonts.com/fonts/fontmesa/marlin-geo/) Three files available, but are basic, so they are more of a demo plus.

54
Quill and Feather Pub [Public] / Re: Productivity planners?
« Last post by RiverRun on July 13, 2019, 02:14:10 AM »
Thanks everyone for sharing what works for you.

I had looked at the Bullet Journal website but was kind of overwhelmed by the idea of learning a new system. But after two recommendations I looked at it again and I think it might work for me.

I also think it's interesting that some of you combine a planner with occasional Google calendar things. I never thought about using both. That's an idea.
55
QUOTE:
"I prefer to enjoy write as a hobby rather than to try and earn my daily bread from wordsmithing.


MY OPINION FROM THE RIGHT FIELD:

I would hate to have a tax examiner see that statement as he examines my tax deducations for a business I said I would do as a hobby instead of trying to make money.
56
Quill and Feather Pub [Public] / Re: I'm just here to whine
« Last post by spin52 on July 13, 2019, 12:46:44 AM »
I feel your pain. I have written 10 Victorian mysteries, set in the town where I live, and the research wasn't too difficult. But now I'm working on one set in Elizabethan Plymouth, and it is much, much harder. I have used so many reference books and websites that I'm thinking of including a bibliography, and I'm sure I've still got some things wrong. One thing I haven't done is try to write cod-Shakespearean dialogue, just tried to avoid anything that sounds too 'modern'.   
57
Quill and Feather Pub [Public] / Re: What Did You Blog About Today
« Last post by Sam Kates on July 13, 2019, 12:22:19 AM »
Today I'm hosting American science fiction author A. R. Kavli, talking about producing his own audiobooks: http://samkates.co.uk/2019/07/12/guest-post-a-r-kavli/
58
Writer's Workshop [Public] / Re: Talk at Public Library
« Last post by Tom Wood on July 12, 2019, 10:21:00 PM »
To get comfortable with speaking in front of a group, join a local Toastmasters club. If you are blocked because of stage fright, Toastmasters will change your life if public speaking is important to you.
59
Writer's Workshop [Public] / Re: Talk at Public Library
« Last post by notthatamanda on July 12, 2019, 08:37:08 PM »
I'm not the best public speaker and the audience is likely to be quite small. Any tips for this type of event? Dos and don'ts?

Apologies if this already happened but I'm not sure why the thread is active again.
Practice your prepared notes, out loud, in the mirror, or to someone else as much as possible.  And remember, when you look at someone's forehead, it looks like you're looking them in the eye.  Good luck and I hope it is fun, at least a little bit.
60
Marketing Loft [Public] / Re: New place to promote - new to me anyway
« Last post by Simon Haynes on July 12, 2019, 01:44:47 PM »
I booked an audiobook promo for one of mine - I probably only need to sell 2 copies to cover the cost, although since they have such a small mailing list I doubt I'll even do that. I just never find time to promote my audio, so this is like chucking a bone in the general direction ;-)
Pages: « 1 2 3 4 5 6 7 8 9 10 »