Chanticleer Book Reviews

Tag: Entrepenuer

TAX MYTHBUSTERS: Don’t Fall Prey to the Tax Misconceptions by Lily Tran – Money Management, Taxes, Essays

Tax MythBusters: Don’t Fall Prey to the Tax Misconceptions, compiled by tax professional Lily Tran with essays by other financial, tax, and accounting professionals, gives valuable insight into the myths of what can and cannot be claimed as a deduction for small businesses and entrepreneurs.

This work provides tips and strategies to optimize tax planning and make the most of available deductions. As the foreword reminds the reader, “Knowledge is power when it comes to taxes,” adding that gaining a better understanding of the tax rules and regulations will allow you to “make smart financial decisions and protect yourself from unnecessary risks.”

The essays that make up this work are short, succinct, and to the point about the pitfalls and challenges that face small business owners, framing these dangers as “myths.”

Some of them are old myths disguised as new enticements, and Tran and her authors keep the reader wary about how fast money online works, the truth about influencer deductions, tax write-offs, and vehicle deductions. Knowing how these popular myths have transformed for the modern age is a must.

The more intensive essays focus on complex and misleading parts of the tax code. Highlights include understanding the rules around reporting losses on the stock market (capital losses), issues around hiring contractors over employees, and even working to understand common myths found on TikTok. There are even myths discussing even including how to deal with cryptocurrency transactions. A better understanding of this collection will help anyone with questions get started on the right track.

The essays in Tax MythBusters are both clear and comprehensive, offering knowledge that small business owners can use and understand comfortably.

This collection avoids complex equations that might put off those who are less math-oriented, instead focusing on sage advice. Staying down to earth, all the advice and warnings that these professionals impart can be taken to heart. The information provided by Lily Tran’s Tax MythBusters: Don’t Fall Prey to the Tax Misconceptions will be invaluable for those seeking tax clarity.

December 20, 2023
Business Growth Applied to Authorship by Sara Dahmen

We have a LOT of terrific sessions planned for CAC17, and we are still adding more. One of those amazing sessions will be:

Bigger Than Books: Business Growth Applied to Authorship & Beyond – What more does it take to be a successful author? Whether you’re represented or self-published or somewhere in between, using overarching business tools are a huge assistance in building success. How can the tools commonly manipulated by marketers, large and small companies, and retailers help you create a successful ‘business plan’ as an author? From multi-pronged approaches, to developing a tiered ‘clientele’, to organization and presence, business is business, whether you’re an author or the manager of Apple. Use those same tools to create yours.

The presenter for this class, Sara Dahmen, a Chanticleer Grand Prize winner and business owner, took time out of her week to provide us with this article based on her session.

If you’re an author, you’re also, by default, a self-employed business owner. I know many of us don’t take out LLC’s or even own our own URL, but the fact remains, if only on paper, that we are all business owners. There’s a resounding ring to that.

Business owner.
Self-employed.
My own boss.
The plotter of my own destiny.

Excellent. So, once we’ve all recognized that fact…now what?

Being a successful author is more than simply selling some (or a lot!) of books. Even getting 20,000 books out there is not going to be a sustainable career. Once those 20,000 books have been read (and unless you continually churn out best-sellers), you’re left with a bit of a hangover and half-formed additional ideas. None of these bode well to continue the business of “you.”

Success is measured both by income and by long-term growth. It’s a bit hard, and not nearly as wonderfully artsy to say, but it’s the truth. If you’re going to be a successful small business owner, you need to pull up a chair with the left side of your brain and get to work.

A multiple pronged approach is best, and each person’s strategy will vary widely depending on your audience, which should always be broader than a singular author’s platform. There are a myriad of business tools out there – some expensive, and some free – that can be harnessed to create a wide-scale business bigger than a book.

A business owner will always have a product or a service. You have that already: your book. And a business owner will also have a marketing strategy (and we all know many of those…but many are also often forgotten or overlooked or we get in a rut and forget to think outside the box) that encompasses far more than a blog, a website and some social media. And a business owner will think long-term. A one-hit wonder will be lovely, but after that advance is gone and the shine has worn from those book covers, you’ll need to ask yourself: what now?

Business is business, and books are business in many more ways than getting some readers and a publisher. Whether you write it down (pun intended!) or not, writers need some sort of a business plan that goes beyond writing the words “the end” and I’m not just talking about plastering a Twitter page with a bunch of book launch announcements.

Authors should walk into the arena equipped with answers to the questions:

What do you believe: about yourself, your book, your future plans?
What are you going to do to make those future plans happen – and how?
Who do you need to know to help you?
And what kind of wacky ideas can you dream up for yourself…and then do?

I plan to tackle much of this in a presentation (Bigger Than Books: Business Growth Applied to Authorship & Beyond) at the Chanticleer Author Conference in Bellingham WA the weekend of March 31 – April 2 where I promise I will be far less vague and incredibly specific. If I had my way, we’ll all be drinking a little booze while I talk, and then we talk. Looking forward to it!

Sara Dahmen: Author & Entrepreneur

Sara Dahmen is a metalsmith of vintage and modern kitchenware in tin, copper and iron. Her debut novel, Doctor Kinney’s Housekeeper, won the Laramie Award Grand Prize for Western Historical Fiction, and inspired House Copper & Housekeeper Crockery – American-made cookware. She has published over 100 articles as a contributing editor for multiple magazines, book blogs and review blogs and spoke at TEDx Rapid City, at the Historical Writers of America inaugural conference in Williamsburg VA, and has co-chaired the Port Washington Literary Festival since its inception. Prior to her writing gigs, Sara was a print, radio and TV producer in Milwaukee and owns and has operated a nationally award-winning event planning company since 2006. When not writing or sewing authentic clothing for reenactments, she can be found hitting tin and copper at her apprenticeship with a master smith, reading the Economist and reference books, or playing with her three young children.

February 17, 2017
An Editorial Review of “19 Remarkable Northwest Women” by Carolyn Leeper

Carolyn Leeper’s newest work, 19 Remarkable Northwest Women, is an inspiring and motivational compilation of profiles of 19 women she has met through the years. These women have led very different lives, but they all have one thing in common: the ability to “evoke change through choice” (as Billie Miller states in the foreword).

The book is composed of short vignettes, each profiling a different northwest woman who Mrs. Leeper finds inspirational. These women are very different; they range from entrepreneurs, to writers, private investigators, captains, CEOs and more.

Each profile covers the featured woman’s career history, interests, what advice she would offer to other women, and ends with a short horoscope reading. The advice offered throughout the book is consistently uplifting and motivating, with an emphasis on action, involvement, and having the tenacity to grab opportunities as they arise.

The book features women such as Robin Akkermann, Pamela Beason, Kathryn Brown, Deborah McFarlane, and Irene Roberts. Many of the women featured have held multiple and varied careers. All of the women have created change and success in their lives through conscious decision making, often at very difficult times. These are women who are lifelong explorers and learners; women who are actively involved in life. They are the kind of women that we interact with on a daily basis. These are not extreme sports athletes, or corporate moguls, or women who have survived devastating situations. They are women with whom most of us can relate to and that is the beauty of Mrs. Leeper’s slim volume. These are ordinary women who have had positive impact on many lives–especially in the Pacific Northwest. Mrs. Leeper’s passes their advice on to young women to follow their passions, never give up, and help each other along the way.

19 Remarkable Northwest Women focuses on the work/life balance that many women feel they struggle with. Mrs. Leeper lets the reader know that women really can have it all…with a support network in place, the encouragement of other women, and the gumption to go out there and do it. As Mrs. Leeper states, “These women are living the lives they want…not just doing what others expect of them.”

[Editor’s Note: The only item that I would add to 19 Remarkable Northwest Women is that Carolyn Leeper should round out the number to 20 remarkable northwest women. Mrs. Leeper, author and interviewer of this work is a published author, retired travel agent, an emeritus board member of Whatcom Writers and Publishers, a longstanding member of Washington Business and Professional Women organization, and an active volunteer with many non-profits.]

September 24, 2014