Category Archives: Mary Pletsch

The Tax Man for Canadians, Part One

Today and tomorrow’s posts are in recognition that not all of the Fictorians are American, and neither are all of our readers.  These blog posts, written in conjunction with Marie Bilodeau, are from the point of view of two Canadians.  Marie’s been claiming her writing income on her taxes for 5 years, and I’ll be doing the same this year, for the first time.   If you’re not Canadian or American, we strongly recommend you look into tax laws in your country to determine whether it is worthwhile for you to claim your writing as a small business, how to go about doing so, what types of expenditures qualify as “business expenses”, and how to claim income from your writing career.

If you’re a writer selling your fiction, then congratulations – you’re a small business.  Operating as a small business entitles you to certain exemptions at tax time that might help you to save money.   However, the law also requires you to pay taxes on your income – something which may not be deducted automatically, particularly not if your publisher is in a different country than you.

If you’ve not yet made your first sale, or if your first sale is small, it’s too early to claim writing expenses on your tax forms.  You may view your writing as a business—in fact, it’s wise if you think about yourself that way and conduct yourself professionally—but until you begin making money, the government will class your writing as a “hobby” and you will not be considered eligible for tax credits.  However, you may still be able to claim certain writing or business related courses as adult learning, or skills upgrading, depending on a variety of living factors.  An accountant will be able to advise you whether your courses are claimable.

Saving money on taxes by claiming writing expenses is great!  Where’s the downside?  The downside is that you must report all the income you earn from writing and, if necessary, pay taxes on that income.  If you receive a paper cheque, save the income slip that comes with it.  If you’re paid via paypal, print out the email that indicates you’ve received a payment.  Make certain to report ALL the money you’ve made from selling your writing to publishers.  It’s better to report too much, than not enough.  Unlike with most jobs, where tax money is taken off before you ever receive your pay cheque, in these cases, you will receive the bulk amount and be expected to save enough of it to pay for the taxes come tax time.  Keep savings in reserve for April, and then, if your tax bill comes to less than you expected, you can spend or save the remainder.

As a rough guideline, don’t expect your savings to exceed your earnings.  That means, if you make $600 of writing income in a calendar year, but your receipts entitle you to $900, you’ll only qualify for $600.  It may still be worth claiming all the receipts, though, as you’ll be able to carry your losses forward.

However, if your business loses money (you spend more than you make) continually, red flags may be raised.  Businesses are expected, eventually, to make profit; an activity that always takes money might be better classified as a hobby.  If you don’t get a big contract right away, and are spending a few years selling a short story here and a novella there, Marie and a fellow writer recommend that every 3-5 years you consider reporting a profit to prove you are a viable business—if you’re a voracious book-buyer like me, that may simply mean not claiming the vast quantities of books you buy that year as “research materials.”

Come back tomorrow for Part 2:  Receipts , Working With an Accountant and Useful Links.

Book Launch: Veterans of the Future Wars

VFWCoversm All’s fair in love and war…and sometimes, the last thing you can do for your loved ones is to take up their cause as your own.

VFW: Veterans of the Future Wars is out now from Martinus Publishing. I’m honoured to be part of this military science fiction anthology assembled as as tribute to veterans. 10% of profits will be donated to Disabled American Veterans.

And so, my second post this month isn’t about love and murder. It’s about love and war. It’s about the love that soldiers have for the women and men in their units: their brothers and sisters in arms, the people they live with, work alongside, fight with…and all too often die with. And it’s about a young misfit who realizes, a little too late, that her comrades in arms are the family she’s never had.

What do you do when the only person to look out for you, the only person to really care about you, is taken away from you in a sudden, shocking act of war–before you’ve had a chance to appreciate what she’s done for you? For a young spacer named Jan, she finds herself honour-bound to become the soldier her unit commander always believed she could be. But her greatest enemy isn’t the Colonials who attacked her ship; it’s the devastating emotional aftermath of being a survivor, and that war may continue long after the Colonials lay down their arms.

Jan’s story, entitled “The Last and the Least,” is one of 16 short stories in VFW: Veterans of the Future Wars.  If you’d like to see an excerpt from the story and read a little more about the inspiration for this tale, you can check out my author interview at Three Cents Worth.

You can order your digital copy for Kindle of VFW: Veterans of the Future Wars from Amazon, or order a paper copy directly from the publisher.   Prepare to explore the Future Wars – and honour those who have fought before.

Book Launch: Fossil Lake

fossilDo you love the dark?

My latest short story release is in  Fossil Lake:  An Anthology of the Aberrant, out now from Daverana Press.  Mishipishu:  The Ghost Story of Penny Jaye Prufrock is set in a place modeled after somewhere I know and love:  a summer camp I went to many times during my childhood.  It’s one of 37 stories and poems  in this anthology of the aberrant.

Penny has spent most of her summers at Camp Zaagaigan, a place that offers her refuge from the rest of her life, which seems to fall apart more every year–but next year she’ll be thirteen, and too old to come back.  Fearful that growing up is going to cost her everything she loves, she escapes into imagination, and she’s even got an imaginary friend to share her journey:  a fossilized creature she dredged up from the sediment at the bottom of Lake Mishipishu.  Mythology, though, is a double edged sword, and Penny may not be prepared for the consequences  if she follows her new friend too far into the lake.

Setting a story in a real-world place was a pleasure and a challenge.  On one hand, I didn’t need to spend a lot of time worldbuilding the setting:  I simply dredged my memories and had a full map of the camp, a ready-made stage on which to enact my story.  It was also very easy to add a lot of sensory description, because my memories are still very vivid:  the feeling of the sand on the beach, the smell of the campfire, the sound of the waves slapping against the dock.  On the other hand, the major change requested by my editor was to cut out some of the unnecessary description that wasn’t critical to understand the story.  I probably could have gone on for twice as long if I’d wanted to describe every aspect of the camp that I’d enjoyed as a kid; but bogging the story down in irrelevant details wasn’t doing it any favours.  The final version of Mishipishu is leaner, meaner, and ready to sink its fangs into you.

If you’d like to meet the lake monster of Camp Zaagaigan, and the other horrors that can be found in Fossil Lake, you can order your own copy of the ebook right here for only $2.99.

I loved going to summer camp each year.  But sometimes, what you love can be the death of you.

 

Networking: Friends with Benefits

In October during Marketing and Promotion month, we had a great post on networking by Kim May. There’s a lot of great advice here on how networking can help you reach and connect with your readers.

This month, I’d like to focus on how to network with industry professionals.

Few of us are lucky enough to have people in the entertainment industry – and yes, writing and publishing are part of the entertainment industry – as part of our circle of family and friends growing up, but it is possible.  Ironically, one of my friends-who-is-also-a-published-author started out as the roommate of another friend I met through my toy collecting hobby.  Looking back, I laugh at some of our earlier meetings when neither of us had any idea of the other’s interest in writing.

But let’s assume you don’t have a contact like that.  I didn’t for many years.  How do you meet people who are working where you would like to be someday?

You can read blogs, join newsgroups, “like” Facebook pages, and/or follow Twitter feeds.  The best part about these venues is that even if you live in an isolated rural area, and can’t afford to travel, as long as you have Internet access, you’ve got all you need.

First, reading blogs etc will give you a feel for what it’s like to work as a professional writer / in the entertainment industry.  You may find it’s not for you.  Or, when you reach that point yourself, you will have some idea of what to expect.  I’m eternally grateful for the advice from a writer, who is now also a friend, who put on her blog the importance of turning around correspondence for publishers as quickly as possible.  They’re people too, they’re on deadlines too, and keeping them waiting and wondering if they are going to hear from you or not is an undesirable situation.   As someone who used to submit things on the day they were due–and never before–I realized that holding on to my finished submission until the due date wasn’t doing me any favours.  And I would never have realized that without this advice.  It’s invaluable, and it’s free.

Comment when you have something useful to say.  Over time, people will recognize your name and, if applicable, your avatar.  Remember, though, that reputations can be bad as well as good – keep the drama off someone else’s site, or you will be remembered for all the wrong reasons.

Conventions, seminars, launch parties and book signings are great in-person venues if you’re lucky enough to be able to travel or live near a city.  Authors and editors will give panels, readings, room parties, and book signings.  Attending panels and readings gives you conversation starters when you go to the parties and signings:  introduce yourself by name, then ask a question, comment on something, or give constructive feedback.  Don’t hog the person’s time – they’ll be meeting a lot of other people at the event.  At subsequent events, you can then re-introduce yourself (“we met at Ad Astra this past April”, “I came to your book signing last year in Toronto.”)  Faces become familiar very quickly.  And I’d be amiss if I didn’t mention Superstars Writing Seminars, where I received great advice from professional writers and also met a number of fellow newcomers just starting out in the field.  Look how far we’ve all come!

I’m very fortunate to have a friend who is a New York Times bestselling author–the person who first recommended Superstars to me, despite not being part of it herself.  It was her assurance that Superstars was worth the money and time that got me here today.  I’m not going to drop her name here, because the purpose of this post is not me showing off how special I am because of who I know.  I mention it to illustrate that unfortunately, the following paragraph contains advice that still needs to be shared:

Don’t expect professional authors to become your new best friends.  They’re busy people, on lots of deadlines.  They have private lives they aren’t going to share with people they’ve just met.  They are not going to drop everything to reply to you immediately, and they don’t owe you anything.  Be courteous, be respectful, be appreciative, and be professional.  These writers are active online and at conventions to connect with their audience and, if they are generous and have time, to share some insight on their profession.  You will not become friends with everyone you say hello to, and you will not stay friends (or even acquaintances) if your sole purpose of communicating is to “get stuff,” whether that “stuff” be attention, information, free swag, or “awesome inside sources”.   Treat industry professionals as people, not as means to your goals.

When you are at conventions, do attend public events (book signings, autograph sessions, panels, public room parties and launch parties).  Do not try to crash private functions (ie author-only parties), follow people into the restroom to strike up conversations, or loiter outside people’s hotel suites waiting to pounce on them.  As on the Internet, being loud, drunk, promiscuous, smelly, obnoxiously persistent or rude gives you the wrong reputation very quickly.  And remember that alcohol makes all sorts of things seem like A Good Idea At The Time.

As someone who rarely drinks alcohol in public I strongly recommend a glass of pop, soda or juice carried around a room party or nursed at a convention bar if you are a non-drinker or if you have reached your drinking limit.  People will think it is a drink (thereby saving yourself the need to constantly turn down offers of drinks) and you will both appear sociable and remain in control of how you are presenting yourself.  (I also note that if you are a non-drinker, after seven or eight Dr Peppers you will feel like bugs are crawling all over you, so go easy on the caffeine-as-alcohol-substitute.  Lessons from Ad Astra 2013–bad decisions made so you don’t have to!)

The best thing about networking is that it builds its own momentum.  Once you know one person, they will introduce you to other people.  Soon you’ll find yourself in contact with all kinds of people who are working in, or working towards, your chosen profession.