My publisher informed me that her company pays my editor for my editing my books. But she lists the fee on my statement as if I indeed did pay the editor. She informed me that she does that to give me a write-off for my taxes. Is that legal or is it setting me up for tax fraud?
Asked on 8/04/15, 2:58 pm
1 Answer from Attorneys
Scott Riddle
Law Office of Scott B. Riddle, LLC
Of course, claiming a deduction for a non-existent expense is not legal. You need to make sure your CPA has all relevant information to prepare your taxes.
Answered on 8/04/15, 3:02 pm
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