Saturday, December 13, 2008

Taxpayers' Rights? What about Freelancers' Rights?

Taxpayer rights? You've got to be kidding, right? There is no escape from tax, is there? Death and taxes are certainties.

Well, forget the rights of a taxpayer for a moment. What writers and artisans who haven't yet had enough success to rely on a retinue of CPAs and attorneys for professional help want to know is what their rights are as writers and artisans until they can afford such experts. Can they do anything before they've even made the first buck from their writing and artistry? Is that possible?

How do the concepts expression and taxation intersect? What are the responsibilities of writers and artisans relative to their expression over against taxes? More importantly, what are the opportunities for writers and artisans in reducing or eliminating their income taxes?

Remember, though, last post we said all income is taxable. Actually all income is taxable from whatever source derived. So we must look for some deliverance, right? What can save writers and artisans--those who are freelancers--from paying taxes on all income?

Grace? I used to know a girl named Grace. She liked a guy named Michael, nice girl . . . but that's another subject. I mean grace: a favor rendered by one who need not do so. More on her . . . er it, next.

Uh-huh. Grace.

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