Consider an accountant to be the copyeditor/proofreader of your financial creations and you’ll understand why it’s necessary to have one!
As more writers abandon — or are abandoned by — traditional print publishing and strike out on their own, they’ll need to understand the tax implications of that.
Writers who have never been through the traditional publishing framework and have gone directly to setting up websites to push their eBooks must especially understand what’s involved.
Begin with that post above.
And hey, writers, as you feel yourself being suffocated by the many rules, regulations, and Gotchas! you will encounter, consider this: Agitate to change it!