Quote:
Originally posted by JackW
Basically it was not my intention to ignore taxes. I was always hoping to get this little business off the feets to make more money than I need to survive. I had to suffer from serious setbacks and I never had a penny left to pay taxes.
|
If you are doing PPC advertising get together all your receipts for your advertising budget. If you paid out as much as you made and have hard evidence and keep good records you should be ok. Your starting a business and just breaking even. I am sure there are some taxes involved (and penalty if you failed to pay for many years) but you shouldn't have to pay taxes on all that income.
I am relating to US law though. I am not sure how this works in your country.