Just stopping by briefly with some potentially important information.
I recently received an email from Amazon informing me:
“Our records are showing we still haven’t received valid tax information for your account. In order for Amazon to comply with U.S. tax reporting regulations, it is required that all KDP publishers provide valid taxpayer identification. Please complete our short online tax interview by 10/25/2013 to ensure your books remain for sale on Amazon.”
It was that final sentence that panicked me. It appears that unless I complete this tax process (which is a complicated business involving US tax laws) not only can Amazon withhold payments on book sales, but they can actually withdraw books from sale.
Assuming that I am not the only Kindle publisher to have recently received this email, can I point you in the direction of the fabulous Catherine Ryan Howard’s blog and the invaluable advice offered by her and her friends on the subject.
I spent most of yesterday afternoon reading through this stuff, and now feel a lot more relaxed and confident about tackling what I have to do…so a huge thanks to Catherine, and everyone who contributed information.
Hope you find it as helpful as I did.
In the meantime, if any of you would like to share your own experiences/advice on the subject then please feel free to comment.
Till the next time…