{"id":181,"date":"2015-08-20T13:18:55","date_gmt":"2015-08-20T20:18:55","guid":{"rendered":"http:\/\/www.emlynley.com\/taxtips\/?p=181"},"modified":"2015-08-20T13:25:21","modified_gmt":"2015-08-20T20:25:21","slug":"save-money-tax-workshop","status":"publish","type":"post","link":"http:\/\/www.emlynley.com\/taxtips\/2015\/08\/20\/save-money-tax-workshop\/","title":{"rendered":"4 Ways to Save Money by Calculating your Profit\/Loss Right Now #taxtip #smallbusiness"},"content":{"rendered":"<h2><span style=\"color: #008000;\">September Online Writers&#8217; Tax Workshop Will Help You Get It Right<\/span><\/h2>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignleft size-medium wp-image-115\" src=\"https:\/\/i0.wp.com\/www.emlynley.com\/taxtips\/wp-content\/uploads\/2015\/01\/taxes.jpg?resize=300%2C225\" alt=\"taxes\" width=\"300\" height=\"225\" srcset=\"https:\/\/i0.wp.com\/www.emlynley.com\/taxtips\/wp-content\/uploads\/2015\/01\/taxes.jpg?resize=300%2C225 300w, https:\/\/i0.wp.com\/www.emlynley.com\/taxtips\/wp-content\/uploads\/2015\/01\/taxes.jpg?w=400 400w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/>We&#8217;re coming up to the end of Q3 in September. While it seems weeks away, it&#8217;s a great idea to get started on pulling together income and expenses for the quarter (or the year-to-date if you haven&#8217;t been keeping up with the numbers!)<\/p>\n<h3><em><span style=\"color: #008000;\">An Accurate Q3 Profit and Loss Snapshot Can Save Money!<\/span><\/em><\/h3>\n<p>That&#8217;s as good a reason as any, isn&#8217;t it?<\/p>\n<p>Here&#8217;s how:<\/p>\n<ol>\n<li>You can get up-to-date on any estimated tax payments you might owe. This reduces the chance of an IRS penalty for underpaying estimated taxes. If your income is below expectations, you may find you don&#8217;t owe anything\u00a0 this quarter, but it&#8217;s important to find out.<\/li>\n<li>Once you have an idea of where your profits will be for the year, you can plan to move up any large purchases into 2015 and save some taxes. Do you need a new computer, want to register for a pricey convention like RT or RWA? Will a deduction help you more in 2015 or 2016?<\/li>\n<li>Collecting and recording income and expenses so far this year means you&#8217;ll have a lot less to do in January or February to finish the calculations for your 2015 tax return. If you&#8217;re getting a refund, you&#8217;ll want to file early, rather than wait till the last minute.<\/li>\n<li>If you have problems or questions, you still have plenty of time to learn what you need to know to file your return and get all the deductions you deserve.<\/li>\n<\/ol>\n<p>If you want some help going through the process, be sure to sign up for the next Online Writers&#8217; Tax Workshop for September. Seats are limited.<\/p>\n<p>Can&#8217;t take the workshop? Then buy the workshop in a book: <strong><em>2015 Writers&#8217; Tax Workshop<\/em><\/strong> is available from Amazon for <a href=\"http:\/\/bit.ly\/amz-tax15\">Kindle<\/a> and in <a href=\"http:\/\/amzn.to\/1PCl8F3\">print<\/a>. (Contact me if you need EPUB or PDF format)<\/p>\n<p>&nbsp;<\/p>\n<p>[wp_eStore_cart_when_not_empty]<\/p>\n<p>[wp_eStore_fancy1 id=9]<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>September Online Writers&#8217; Tax Workshop Will Help You Get It Right We&#8217;re coming up to the end of Q3 in September. While it seems weeks away, it&#8217;s a great idea to get started on pulling together income and expenses for the quarter (or the year-to-date if you haven&#8217;t been keeping up with the numbers!) An<\/p>\n<a class=\"btn_a\" href=\"http:\/\/www.emlynley.com\/taxtips\/2015\/08\/20\/save-money-tax-workshop\/\"><span><i class=\"in_left fa fa-angle-right\"><\/i><span>Details<\/span><i class=\"in_right fa fa-angle-right\"><\/i><\/span><\/a>","protected":false},"author":3,"featured_media":171,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[49,3,21],"tags":[],"class_list":["post-181","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-49","category-blog-post","category-classes"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.emlynley.com\/taxtips\/wp-content\/uploads\/2015\/07\/accounting_clipart1_1701138-300x297.jpg?fit=300%2C297","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p3TDjA-2V","jetpack-related-posts":[{"id":72,"url":"http:\/\/www.emlynley.com\/taxtips\/2014\/01\/12\/7-january-tax-tips-writers\/","url_meta":{"origin":181,"position":0},"title":"7 January Tax Tips for Writers #taxtip","author":"EM Lynley","date":"January 12, 2014","format":false,"excerpt":"January means two things in the tax world: time to start thinking about the 2013 tax return, and a new year of records to begin keeping for 2014. If you self-publish, you have even more expenses and obligations, so start the year off on a good footing. I\u2019ll start off\u2026","rel":"","context":"In &quot;Blog post&quot;","block_context":{"text":"Blog post","link":"http:\/\/www.emlynley.com\/taxtips\/topics\/blog-post\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.emlynley.com\/taxtips\/wp-content\/uploads\/2014\/01\/taxes-creativecommons.jpg?fit=640%2C427&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.emlynley.com\/taxtips\/wp-content\/uploads\/2014\/01\/taxes-creativecommons.jpg?fit=640%2C427&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.emlynley.com\/taxtips\/wp-content\/uploads\/2014\/01\/taxes-creativecommons.jpg?fit=640%2C427&resize=525%2C300 1.5x"},"classes":[]},{"id":4,"url":"http:\/\/www.emlynley.com\/taxtips\/2013\/04\/14\/last-minute-tax-advice-for-writers-taxes-author\/","url_meta":{"origin":181,"position":1},"title":"Last-minute tax advice for writers #taxes #author","author":"N.S. Smith","date":"April 14, 2013","format":false,"excerpt":"Panicking because you aren\u2019t ready for tomorrow\u2019s tax deadline? Here are some last-minute tips to make the process a little less painful. To get all the deductions you deserve and plenty of tax planning and prep advice, check out my \u2026 Continue reading \u2192","rel":"","context":"In &quot;2012&quot;","block_context":{"text":"2012","link":"http:\/\/www.emlynley.com\/taxtips\/topics\/2012\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/stats.wordpress.com\/b.gif?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":104,"url":"http:\/\/www.emlynley.com\/taxtips\/2014\/04\/14\/last-minute-tax-tips\/","url_meta":{"origin":181,"position":2},"title":"4 Last-minute Tax Tips for Writers #taxes #authors @emlynley","author":"EM Lynley","date":"April 14, 2014","format":false,"excerpt":"4 Last-minute tax tips for writers #taxes #author Panicking because you aren\u2019t ready for tomorrow\u2019s tax deadline? Here are some last-minute tips to make the process a little less painful. To get all the deductions you deserve and plenty of tax planning and prep advice, check out EM Lynley\u2019s book\u2026","rel":"","context":"In &quot;Blog post&quot;","block_context":{"text":"Blog post","link":"http:\/\/www.emlynley.com\/taxtips\/topics\/blog-post\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.emlynley.com\/blog\/wp-content\/uploads\/2014\/04\/taxtipscover200.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":135,"url":"http:\/\/www.emlynley.com\/taxtips\/2015\/04\/09\/2015-last-minute-tax-tips-writers-taxes\/","url_meta":{"origin":181,"position":3},"title":"5 Last-minute Tax Tips for Writers #taxes #authors","author":"EM Lynley","date":"April 9, 2015","format":false,"excerpt":"\u00a0 Panicking because you aren\u2019t ready for the April 15 tax deadline? Here are some last-minute tips to make the process a little less painful. To get all the deductions you deserve and plenty of tax planning and prep advice, check out EM Lynley\u2019s book 2015 Writers' Tax Workshop. If\u2026","rel":"","context":"In &quot;2015&quot;","block_context":{"text":"2015","link":"http:\/\/www.emlynley.com\/taxtips\/topics\/2015\/"},"img":{"alt_text":"2015 Authors' Tax Workshop in a Book","src":"https:\/\/i0.wp.com\/www.emlynley.com\/taxtips\/wp-content\/uploads\/2015\/04\/2015-cover200x300-200x300.jpeg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":101,"url":"http:\/\/www.emlynley.com\/taxtips\/2014\/04\/13\/5-things-authors-miss\/","url_meta":{"origin":181,"position":4},"title":"5 Things Authors Miss on their Tax Returns #taxes #writer","author":"EM Lynley","date":"April 13, 2014","format":false,"excerpt":"\u00a0 In my real life I\u2019m a tax and finance professional and I\u2019ve been sharing my knowledge with other writers for the past three years. I find many people have problems with the same issues year after year. Are you making these mistakes? If so, you\u2019ll find more ways to\u2026","rel":"","context":"In &quot;Blog post&quot;","block_context":{"text":"Blog post","link":"http:\/\/www.emlynley.com\/taxtips\/topics\/blog-post\/"},"img":{"alt_text":"taxtipscover200","src":"https:\/\/i0.wp.com\/www.emlynley.com\/blog\/wp-content\/uploads\/2014\/04\/taxtipscover200.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":5,"url":"http:\/\/www.emlynley.com\/taxtips\/2013\/04\/10\/5-top-tax-tips-for-writers-taxtips-taxes\/","url_meta":{"origin":181,"position":5},"title":"5 Top Tax Tips for Writers #taxtips #taxes","author":"N.S. Smith","date":"April 10, 2013","format":false,"excerpt":"As both a published author, and a tax preparer, I know exactly the worries and frustrations my fellow authors go through every year. If\u00a0 you use tax prep software, you\u2019re never sure what\u2019s allowed or where on Schedule C to \u2026 Continue reading \u2192","rel":"","context":"In &quot;amazon&quot;","block_context":{"text":"amazon","link":"http:\/\/www.emlynley.com\/taxtips\/topics\/amazon\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/stats.wordpress.com\/b.gif?resize=350%2C200","width":350,"height":200},"classes":[]}],"jetpack_likes_enabled":true,"_links":{"self":[{"href":"http:\/\/www.emlynley.com\/taxtips\/wp-json\/wp\/v2\/posts\/181","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.emlynley.com\/taxtips\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.emlynley.com\/taxtips\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.emlynley.com\/taxtips\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"http:\/\/www.emlynley.com\/taxtips\/wp-json\/wp\/v2\/comments?post=181"}],"version-history":[{"count":6,"href":"http:\/\/www.emlynley.com\/taxtips\/wp-json\/wp\/v2\/posts\/181\/revisions"}],"predecessor-version":[{"id":187,"href":"http:\/\/www.emlynley.com\/taxtips\/wp-json\/wp\/v2\/posts\/181\/revisions\/187"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/www.emlynley.com\/taxtips\/wp-json\/wp\/v2\/media\/171"}],"wp:attachment":[{"href":"http:\/\/www.emlynley.com\/taxtips\/wp-json\/wp\/v2\/media?parent=181"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.emlynley.com\/taxtips\/wp-json\/wp\/v2\/categories?post=181"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.emlynley.com\/taxtips\/wp-json\/wp\/v2\/tags?post=181"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}