Business or Hobby - Do you know the difference?

I'm just back from the Love Is Murder CON (LoveIsMurder.net) and as many folks know, the board took a year off from the CON so we skipped 2010. It was good to see so many folks excited that we were back.

One of my panels was with Linda Mickey, the author of Dollars and Sense, and our panel explored the business side of writing. My portion focused more on determining whether or not you are writing as a bussiness or a hobby in terms of how the IRS views your efforts. Linda provided some crucial insights to the contract side of writing and even had us walk through an example of a real contract that someone received from a publisher. Sometimes as new writers we're so eager to become published that we overlook what's best for us in terms of contracts, payments and other business practices.

You can find more information about Linda and her works at http://www.lindamickey.com/.

For my discussion on the difference between writing as a hobby or writing as a business please follow me on my new Blog: Dear Writer - How's Business.

http://dearwriter-howsbusiness.blogspot.com/

I look forward to seeing you there and answering your questions.

Have a great writing day.