Thought I'd ask and see how many of you out there do. I'm debating about blogging again now that I have a little free time. To some of you this may come off as a dumb question. Like anything though not everyone taxes all there earnings.
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You may not tax it, but if it makes over $600/yr, the IRS will tax it.
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It's income regardless of what you do to earn $.Comment
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Well speaking about company and taxes reminds me of something i did few months ago. Ive been reading and searching info about how can i received an non-refundable amount from local government for a new project of mine. The first step was to set up the firm which i did in a week and then to submit the project. While working on the project with a management company to help me out to build the business plan there was an inspection, ending with a fine. My first ticket assume there will be more soon or later.
Funny part is i have never paid taxes in 10 years of business, all cash was collected from my bank account without any problem and i received a ticket in less than a month after got registered my company.
Im thinking registered my own company might be a bad decision for me.Last edited by mamaliga; 01-10-2014, 07:06 PM.Comment
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Why wouldn't you pay taxes? Are blogs the same as churches now?Comment
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