The Saga is Done

I am now officially an ‘unpublished author’!

I posted a while back about renegotiating a new contract with the company that took over from Mortal Instinct’s original publisher, here, and here.

The contract was about as good as I could make it, so I sent it off to the publisher and waited for feedback … or an email saying they got it … or something …

I was busy with the re-write (Author Preferred Edition) so I didn’t pay too much attention to the fact that nothing was happening.

Six months later … You know how sometimes you just ‘know’ something? The other day I just ‘knew, this window the Universe had been holding open for me, had closed. I wasn’t going to wait any more, so I contacted them and said, ‘thanks, but no thanks’.

Emails were exchanged dotting the ‘T’s’ and crossing the ‘I’s’, and as soon as I have confirmation my book has been pulled from the distributors, I’ll be a free agent.

Unless I get an offer of a gazillion dollar contract I won’t be going with a traditional publisher again. It might be the bee’s knees for some people, but not for me.

So, what’s next? … edit the re-write, edit, and edit, etc, get some decent cover art, and then publish.

… and the serialised story I started here on my blog, ‘Identical’ is waiting in the winds, as is my ‘Lesbians in Spaaaace’ series … there’s also …

I’m going to go into my bedroom now and have a quiet little FREAK OUT!!!, and then get back to writing.

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The Self-Published Author and the 30%

Widdershins On Red VelvetI read this article today by David Gaughran on his blog, ‘Lets Get Digital – How To Self-Publish And Why You Should’. It’s on his ‘Practicalities’ page, and if you scroll down to the last topic you’ll come across this information:

Amazon, Smashwords, etc, are obliged by US law to withhold 30% of a self-published authors royalties unless they are provided with a Social Security Number? (for US authors) They hold on to that 30% until the end of the tax year. If it’s not claimed then it goes to the IRS.

International authors are subject to the same law, and they can apply to get that 30% released as well.

There are two ways to do this – get an ITIN (Individual Tax Identification Number) from the IRS, which, from what I’ve just read, is a painfully long process, or you can get an EIN, (Employee Identification Number) also from the IRS, which is slightly less traumatic.

If you don’t live in the US and are, or are planning to, Self-Publish, these two posts give you step-by-step instructions on how to obtain these numbers.

How to get an EIN (Employee Identification Number) which I got from Catherine Ryan Howard’s Blog, Catherine, Caffeinated.

How to get an ITIN (Individual Tax Identification Number)

If, after reading these posts, you’re tempted to think it’s not worth the effort, take a moment to study this chart.

30%

Just as writing is an art, it’s also a business, and making sure we get all that is due to us in return for our blood and words, we need to take care of business … and then get back to writing!

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“No, there is literally nothing on the business side that I wouldn’t sacrifice in a heartbeat to have an extra couple of hour’s writing. Nothing” J.K. Rowling

IndieReCon

IndieReCon BadgeIt’s day 2 of the IndieReCon everything about self-publishing extravaganza, and I’m having a ball!

The highlight of the Con, so far? … A vlog conversation/interview between Joanna Penn and  CJ Lyons. If you want to hear from someone who’s made it, and why they’ve made it, as an indie author, this is a great place to start.

I’m taking copious notes and getting all fired up. This year is it!

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“Life is not easy for any of us. But what of that? We must have perseverance and above all confidence in ourselves. We must believe that we are gifted for something and that this thing must be attained” Marie Curie, 1867-1934, physicist, chemist, Nobel Prize winner … twice!