The taxman cometh, and here’s some help to figure out the types of questions we journalists have at tax-time: freelance income, home offices, travel and entertainment, royalties and other issues employees at community newspapers have. And if you’re struggling with your taxes, remember Jay Leno’s sage advice: “Worried about an IRS audit? Avoid what’s called a red flag. That’s something the IRS always looks for. For example, say you have some money left in your bank account after paying taxes. That’s a red flag.” Luckily, most of us in community journalism don’t have to worry about having money left over.
Click the link below and click on No. 36.