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Ways to write off expenses & reduce taxes
I incorporated in the US in Delaware due to the new Visa regulations.
Can any of you US based companies tell me about writing off expenses and getting low taxes (is there such thing as tax break)? Besides tangible purchases is there anything else that can be written off?
How are websites taxed and how much are they taxed? If I don't report my income who will know?
Should I handle my own taxes, or get a lawyer, or go with what I'm told by the company that did the incorporating for me? (Are lawyer fees worth it?).
Pretend I'm your protege who knows nothing about running your adult site but you plan on giving them to me to run when you pass on. I'm just looking for your general answers to avoid sifting through tons of legal jargon. I'll worry about the details once I understand the big picture.
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