How to Fill Out a W-8BEN Form as a Canadian Author

How to Fill Out a W-8BEN Form as a Canadian Author

As someone who worked as a tax accountant for almost twenty years and earned a Chartered Professional Accountant designation, I found this form confusing when I first had to fill it out for one of my clients. When I realized I would fill out many copies for myself as a Canadian author distributing books through US-based websites, I created a template so I didn’t have to spend so much time figuring out what went where.

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Download the Keep More Money Audiobook for Free!

Download the Keep More Money Audiobook for Free!

I’m excited to share that Keep More Money is now available in audio! Now you can “read” while on the go. If you already know what Keep More Money is about, skip to the bottom of this post to find out how you can get the audiobook for free. Otherwise, keep reading to learn more about the Keep More Money.

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How Does Supporting Your Local Library Support Your Favourite Authors?

How Does Supporting Your Local Library Support Your Favourite Authors?

Since April is Drop Everything and Read month, it got me thinking about how supporting my local library supports my favourite authors. I love using the library it saves me a ton of money every year, but I also want to support my favourite authors so they keep creating amazing stories.

Best I can tell, there are two main ways supporting your local library helps support my favourite authors: royalties and exposure. When authors sell books they receive royalties. This goes for both traditionally published authors and self-published authors. Libraries buy books through publishers, therefore traditionally published authors receive royalties from those sales to libraries.

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How to Create an Awesome Author Website with These Basics

How to Create an Awesome Author Website with These Basics

Have you ever found a new author you're really excited about and search for them online only to find... nothing? No author website. This has happened to me quite a few times and it left me feeling pretty disappointed. I wanted to sign up for their newsletter and be the first to know when they had a new book coming out. Sure, I can follow their Amazon author page, but that's just not the same to me.

Do you really need an author website?

There are certainly other ways to connect with your readers online: social media platforms and sites like BookBub and Bublish are great places to connect with readers, but what happens if those sites are suddenly gone one day?

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Sales Taxes for Canadian Authors

Sales Taxes for Canadian Authors

Noooo... Not sales taxes! Ugh!!

I have been hearing a lot about the sales tax changes in the US lately, and I thought it would be helpful to discuss how things work in Canada when it comes to sales taxes and your book sales. This is for Canadian authors who sell their books directly to customers, whether that is through a website or in person.

Good news if you’re in Canada…

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Do You Need an Accountant?

Do You Need an Accountant?

It depends!

I know that’s probably not the answer you were hoping for, but like most things when it comes to taxes, the answer to the question, “Do I need an accountant?” isn’t a simple one.

Because most people hire an accountant to do their taxes, let’s look at taxes first. Taxes can be grouped into two broad categories: personal and business.

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Busting Common Myths About Accountants

Busting Common Myths About Accountants

As a writer, it’s hard for me to ignore stereotypes. They serve a purpose in stories and it’s easy to fall back on them when I need a character who is a “typical” Canadian, stay at home mom, or fill-in-the-blank. But, what makes a story (and life) really interesting is when the characters defy the stereotype.

Since I come from an accounting background, I thought it would be fun to look at what people think is “typical” of accountants. When I typed “stereotypical accountant personality” into Google, words like dependable, structured, and practical came up.

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The Role of an Accountant in Your Business

The Role of an Accountant in Your Business

Some entrepreneurs feel like working with an accountant is expensive, but when you think of everything a professional accountant can do for you, they’re actually priceless! Some of these things include staying current on tax changes so you can save the most tax, filing paperwork on time so you don’t get charged unnecessary penalties, and analyzing your business income and expenses to help improve your bottom line. In this post, you will learn how to find an accountant who will become your trusted business advisor.

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