Help me on taxes!
 

Hi guys, am in a cloud here with damn taxes... now i live in canada, i wanted to know if i have to pay taxes for doing adultwebmastering, should i claim bussiness to reduce my taxes? should i not pay? is there away out of taxes?

if anyone has any idea pls tell me :)

format c:

sorry i'm not in canada.

but i deduct all expenses related to the biz.

computers and upgrades, internet service, content purchases, telephone, pens, paper
hosting, anything and everything i need to do the job.

and when all else fails do like amp said

am thinking of doing that too, so i have to claim a bussiness? what do you put as bussiness? just wondering :)

my accountant handles that. costs me $50 for state and federal.

i just give him all the income and expense numbers

it's cheaper to add them up yourself

but yes it's claimed as business profit and loss

teadrinker,

Do you live in or near Toronto?

i can hook you up with a good accountant.

yea i live intoronto -) and you are on my icq, ill hit you up when you get online.

um....send me a message.

:thumbsup