Sunday, November 22, 2020

Egregious (Reversal of Royalties) And Urgent

What is the point of "selling" a book to a reader, if the middleman (an Amazon company, for instance) actively encourages the reader to return that book --after reading it-- for a full refund or free exchange for another book, at the expense of the author?

That's not a "sale", it's a merry go round.

Read all about it.


Please read the full letter and  sign the petition.

How can an author make a living if book sales can be cancelled, and book revenues can be clawed back up to 365 days after the assumed sale?  
How can an author plan her finances, or project what her tax obligation will be?  However, assuming that one has something to leave, or something to invest, or a rollover IRA, this is the time to do some urgent tax planning.  One probably has until December 10th, 2020 to get ones financial ducks in a row.

Three links:


While this writer cannot offer financial advice (not being qualified), the most interesting advice might be to transfer one's biggest losers into either a Roth or a GRAT. 

All the best,

Rowena Cherry 


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