Tax Time: Point Me To The Proper Information
 

Well Last year was easy!!!Only made $3000 ..

This year was a little differnt..

Made over 10,000 Grand...

Can anyone point me to some good information related to Adult Webmasters and How to best pay the least amount of Taxes..

I have been plugging my mond out reading this and that..
I saaid let me ask you guys....

I know get a accountant ...
Looks like I will be doing that thsi comming year..

Taxes are a learning curve I am experiancing ..

Thanx
Matt

you can't afford an accountant if you've only made 10 grand/year.

That's what I was thinking. I could write that off with a months cost of google adwords.

Just fill out the short 199212.

I will give you advice. You should just not pay taxes and when the forms come throw them away. For $10k they will not come after you or fine you or anything.

Not the best advice I have heard

You're absolutely right...

But the catch is, the IRS will wait 3 - 5 years, and with interest, and penalties, that $10k just turned into a $30k or $40k tax liability...

SO yeah, just go ahead and throw away those forms, they'll never come after ya...:winkwink:

That's bullshit. I pay $150 per quarter. That's only $600 a year and he gets me more than that in deductions.

Don't be afraid. Just pick up the phone and make a few calls. You'll be surprised how much accountants vary in price.