Comments on: 6 Bookkeeping Tips for Freelance Writers and Bloggers

By: Laurie Pawlik-Kienlen

Laurie Pawlik-Kienlen — Wed, 20 Oct 2010 21:23:57 +0000

There’s nothing worse than scrambling at tax time…I hope these bookkeeping tips for writers help!

By: Marlene Spurgin

Marlene Spurgin — Fri, 08 Oct 2010 20:10:06 +0000

Thanks for the great tips. I have many clients that just don’t seem to “get it” and come tax time find themselves scrambling.

By: Laurie Pawlik-Kienlen

Laurie Pawlik-Kienlen — Thu, 10 Jun 2010 02:42:41 +0000

Thanks, Zara…it’s good to know that an experienced bookkeeper thinks these tips for writers are solid…it’s great to hear from you!

By: Zara@Basic Bookkeeping

Zara@Basic Bookkeeping — Wed, 09 Jun 2010 07:48:37 +0000

Very Great tips !!
even if you only earn a couple hundred dollars a month from writing or blogging, you need to start putting these basic bookkeeping tips to work for you. Later, when you’re making thousands of dollars a month as a freelancer, you can think about hiring an accountant or bookkeeper to keep your finances organized.
Thanks

By: Loretta - Tax preparation expert Loretta - Boca Raton accountant

Loretta - Tax preparation expert Loretta - Boca Raton accountant — Wed, 31 Mar 2010 15:17:46 +0000

These surely are a great tips for us bloggers but some are not applicable to me as I don’t earn that much yet . Thanks for these tips, I find some useful and will put to use.

By: Words on a page » Blog Archive » A few links for the end of the week - A blog about writing, in its various forms

Fri, 19 Feb 2010 11:30:54 +0000

[...] good bookkeeping tips for the freelance [...]

By: Merchant Accounts - Liz

Merchant Accounts - Liz — Wed, 17 Feb 2010 14:57:25 +0000

These are all great tips here thank you. I live in Canada too and most of my income comes in the form of US dollars. I just convert it into Canadian dollars on my income statement, I hope I am doing that right? Thanks again for sharing.

By: Laurie Pawlik-Kienlen

Laurie Pawlik-Kienlen — Tue, 09 Feb 2010 16:19:29 +0000

Thanks for your tip, Susan…that’s a great idea, to file your online receipts in your Gmail account.

Hmm, that makes me think that an article about online bookkeeping tips for freelance writers and bloggers might be a good idea!

Laurie
.-= Laurie Pawlik-Kienlen´s last blog post ..5 Ideas for Earning Money Writing – Tips From Experienced Writers =-.

By: Susan Johnston

Susan Johnston — Sat, 06 Feb 2010 05:12:53 +0000

If your earnings from a single US-based company are over $599, then the company will most likely be sending paperwork to the IRS and you should DEFINITELY declare that income.

I have a separate business account, but here’s a trick I used for tracking my business expenses. A lot of my expenses have online receipts (Skype phone service, registering for classes, conferences, etc.), so I set up a folder for that in Gmail. Each year gets a new folder, for instance “2010 biz expenses,” and I make sure that those email receipts get filed under the correct year. Then at the end of the year, it only takes about an hour to go through the emails and tally it up. (I have a few paper receipts, too.) Ditto on charitable donations, but I keep a separate folder for those.
.-= Susan Johnston´s last blog post ..Open Thread: Should Writers Date Other Writers? =-.

By: Laurie Pawlik-Kienlen

Laurie Pawlik-Kienlen — Thu, 04 Feb 2010 17:03:51 +0000

Hi Gini,

I opened a US funds bank account at my Canadian bank. This way, I can deposit my US paper cheques there and transfer to Canadian funds when I like. However, I’ve learned that PayPal doesn’t accept Canadian bank accounts that are in US dollars….so now I’m looking into opening a US account at a US bank.

There are US banks that do allow non-US citizens to open accounts — I’ve heard that the Harris Bank does, but I haven’t actually been to their site yet.

The thing with not declaring earnings is that the people who pay you may declare those payments. So, if you’re earning money from an organization (or even a blog partner!!!) that files its employee payments, then the government can track your earnings that way. I don’t know how closely governments watch stuff like that, but….I suspect it’s on their radar.

Great questions!

Laurie
.-= Laurie Pawlik-Kienlen´s last blog post ..6 Bookkeeping Tips for Freelance Writers and Bloggers =-.