Death and Taxes (in Self-Publishing)

Death and Taxes.png

With a self-publishing roadmap in hand and company paperwork in order, it’s time to move on to everyone’s favorite topic: taxes.

This blog post from Helen Sedwick outlines why it’s so import to file for an EIN with the IRS, instead of relying solely on your Social Security Number. It’s quick and easy to fill out the form with the IRS – and you get your number immediately.

While already filling out federal paperwork, I also used this opportunity to file for a copyright with the U.S. Copyright Office. This form takes a little longer to fill out, and it can take several months before you hear back from the Copyright Office. Technically, your copyright exists from the moment you actually create your content. But having everything in place now could save a lot of effort and anguish down the road in the case of infringement.

Next up, business bank account!

 

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3 thoughts on “Death and Taxes (in Self-Publishing)

  1. Pingback: What Goes Into Self-Publishing? | Erin Thedwall

  2. Pingback: Saving Money, Spending Money | Erin Thedwall

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