Self-Publishing and Taxes

I've been thinking about taxes, still, even a month after the issue of taxes is sort of out of our collective minds. Since I have yet to publish any sort of fiction in any way, I was wondering how authors who self-publish have to declare their taxes.

From what I understand, but I'm really not sure, self-published authors are considered self-employed. This is what I can make of things from a little research I've done on the topic. Those of you with experience can tell me, so please do! When you self-publish, you really are expected to figure out and pay your own taxes, right?

It also make me wonder what traditionally published authors have to do with their royalty earnings. Are traditional authors self-employed, too? I'm thinking they're not, but that would be really cool to know, as well.

Cover Reveal: The Faerie Prince by Rachel Morgan

Hey, peeps! Last year I discovered this amazingly cool self-published YA fantasy novel called The Faerie Guardian by Rachel Morgan. It's about a faerie girl named Violet who is training to become a fully-fledged faerie guardian and all the funny and interesting antics that ensue. I highly recommend reading it if you haven't already. 

The great news today is that author Rachel Morgan is gearing up to release Book 2 in the Creepy Hollow series, The Faerie Prince and I've got the gorgeous cover to reveal to you all! 

Whoa... Nice, eh? Another beautiful cover to add to collection. Now on to the deets about this here new book....


Book Description:

Guardian trainee Violet Fairdale is just weeks away from one of the most important occasions of her life: graduation. After messing up big time by bringing a human into the fae realm, Vi needs to step up her game and forget about Nate if she hopes to graduate as the top guardian of her year. Everything would be fine if she wasn’t forced to partner with Ryn, her ex-friend, ex-enemy, current ‘sort of friend’. They might be trying to patch up their relationship, but does she really want to spend a week undercover with him for their final assignment? On top of that, the possibly-insane Unseelie Prince is still on the loose, free to ‘collect’ as many specially talented faeries as he can find—and Vi is still at the top of his list. Add in faerie queens, enchanted storms, complicated not-just-friends feelings, and a murder within the Guild itself, and graduation is about to become the least of Vi’s problems.

Add THE FAERIE PRINCE to your to-read list on Goodreads.
If you haven't yet read the first book in the Creepy Hollow series, THE FAERIE GUARDIAN, you can find it at the following places:

Amazon, B&N, Apple iBookstore, Smashwords

To connect with the author, visit Rachel Morgan's blog.