Hotdog Taxes

On Monday, the hunk and I went to have our taxes done. Since I'm an author, I itemize. When our preparer was finished, I had more deductions than my income...not surprising as my royalties came to less than $1200.

The big surprise came when we arrived at the bottom line. Our total combined refund was a few dollars difference from last year's refund. But we had dropped from the 15% bracket to 10%...because my royalties were so low.

Hmmmm.

Now I must consider whether writing (and royalties earned) are actually more beneficial to our financial picture or maybe I should aim for one new book a year. I suspect the tax situation is not going to improve over the next few years. Perhaps, just perhaps there's a good reason to slow down and smell the roses!

More hotdogs!