|
#2
| |||
| |||
| Stuart Bronstein wrote: - quote - > "Gil Faver" <rowdy'sboss[at]xxyz.com> wrote:
Scottish Americans and wonder about how this writer wrote off his> > I thought I would start a new thread, since I am considering doing > > the planning first, not after the trip(s). > > > I would like to begin writing articles regarding food and travel. > > Specifically (though not necessarily exclusively) about places to > > travel with food themes (i.e. foreign cooking schools and classes, > > tours related to dining and food processing and related > > agriculture). > > > I have a professional background, now retired. I have legitimate > > food credentials as well (newly acquired). > > > What do I need to do to have this be a business, for tax > > deductions? And, what types of deductions could I take for my > > planning, traveling, excursioning, dining, writing, and sales > > efforts (of my writing)? > You have to show that you intend to make a profit with this venture. > So where and how you publish the information and how it's marketed, > among other things, will be relevant. > Have a good time! I can see it now. I read an article in a magazine geared towards research tax wise when writing an article extolling the virtues of haggis. WAITAMINUTE! I know that fellow! Slainte! Harlan Lunsford, EA n LA -- << ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- > |
|
#1
| |||
| |||
| Gil Faver wrote: - quote - > what types of deductions could I take for my planning, traveling,
Ordinary and necessary expense deductions. IRS Pub 535 is a good place> excursioning, dining, writing, and sales efforts (of my writing)? to start. -Mark Bole -- << ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- > |
| | |||
| |||
| "Gil Faver" <rowdy'sboss[at]xxyz.com> wrote: - quote - > I thought I would start a new thread, since I am considering doing
You have to show that you intend to make a profit with this venture.> the planning first, not after the trip(s). > I would like to begin writing articles regarding food and travel. > Specifically (though not necessarily exclusively) about places to > travel with food themes (i.e. foreign cooking schools and classes, > tours related to dining and food processing and related > agriculture). > I have a professional background, now retired. I have legitimate > food credentials as well (newly acquired). > What do I need to do to have this be a business, for tax > deductions? And, what types of deductions could I take for my > planning, traveling, excursioning, dining, writing, and sales > efforts (of my writing)? So where and how you publish the information and how it's marketed, among other things, will be relevant. Have a good time! Stu -- << ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- > |
|
#-1
| |||
| |||
| I thought I would start a new thread, since I am considering doing the planning first, not after the trip(s). I would like to begin writing articles regarding food and travel. Specifically (though not necessarily exclusively) about places to travel with food themes (i.e. foreign cooking schools and classes, tours related to dining and food processing and related agriculture). I have a professional background, now retired. I have legitimate food credentials as well (newly acquired). What do I need to do to have this be a business, for tax deductions? And, what types of deductions could I take for my planning, traveling, excursioning, dining, writing, and sales efforts (of my writing)? -- << ------------------------------------------------------- > << The foregoing was not intended or written to be used, > << nor can it used, for the purpose of avoiding penalties > << that may be imposed upon the taxpayer. > << > << The Charter and the Guidelines for submitting posts > << to this newsgroup as well as our anti-spamming policy > << are at www.asktax.org. > << Copyright (2007) - All rights reserved. > << ------------------------------------------------------- > |
| Tags |
| ahead, deductions, planning, writers |
Similar Threads | ||||
| Thread | Forum | Replies | Last Post | |
| Deductions for writers Dick Adams: My brother who is also a CPA asked me two questions today. One of them I sent back to him for more detail. I will post it if he gets back to me... | Taxes | 16 | 08-21-2008 03:19 PM | |
| AMT - how do I plan ahead? Gil Faver: Living in a high state income tax state, I am occasionally subject to the AMT. How do I do a rough calculation to see if it makes sense to pay my... | Taxes | 9 | 12-24-2007 05:21 PM | |
| Expenses for artists/writers questions David Kilo: Ok, lets say I am a longtime journalist, both freelance and staff. But then I take a year or so off and move to Paris to write a novel about Paris.... | Taxes | 3 | 11-04-2004 07:34 AM | |
| Thread Tools | |
| Display Modes | |
| |