|
|
|
|
||||
|
Welcome to the GoFuckYourself.com - Adult Webmaster Forum forums. You are currently viewing our boards as a guest which gives you limited access to view most discussions and access our other features. By joining our free community you will have access to post topics, communicate privately with other members (PM), respond to polls, upload content and access many other special features. Registration is fast, simple and absolutely free so please, join our community today! If you have any problems with the registration process or your account login, please contact us. |
|
|||||||
| New Webmasters ask "How-To" questions here. This is where other fucking Webmasters help. |
|
|
Thread Tools |
08-16-2001, 06:40 PM
|
#1 |
|
Registered User
Join Date: Aug 2001
Location: USA
Posts: 24
|
tax? how to
Hi
What?s the best way to keep track for tax time? Are Quick books pro good enough? I saw that many of the programs require a social security number or Federal Tax ID. What is better work under a business Tax ID or the SS#? Thanks |
|
|
|
08-16-2001, 10:14 PM
|
#2 |
|
Confirmed User
Join Date: Jan 2001
Posts: 665
|
save EVERY receipt.
|
|
|
|
|
08-16-2001, 11:56 PM
|
#3 |
|
Registered User
Join Date: Aug 2001
Location: USA
Posts: 24
|
thanks Mikey
Did you use a Fed Tax ID or just your social security number? Do we pay tax like it was an self employed? |
|
|
|
|
08-16-2001, 11:57 PM
|
#4 |
|
Confirmed User
Join Date: Jan 2001
Posts: 665
|
ss #
|
|
|
|
|
08-17-2001, 01:52 AM
|
#5 |
|
[----------------------]
Join Date: Aug 2001
Posts: 14,486
|
whatever you do.. donīt try to "save" taxes lol
-------- Trax |
|
|
|
|
08-17-2001, 11:16 AM
|
#6 |
|
Confirmed User
Join Date: Jan 2001
Location: o-HI-o
Posts: 7,183
|
Quicken (whatever the top vers is currently) or Quick Books Pro are the best tools to print reports for your account. Saves time which saves you $$. But you do have to have the receipts with notations of what it is exactly for each item on it in case of the IRS shakedowns. Use your SS# and you are Joe Smith dba such and such site.
|
|
|
|
|
08-17-2001, 07:18 PM
|
#7 |
|
Registered User
Join Date: Aug 2001
Location: USA
Posts: 24
|
Yeah, I just got a trial version of quick books pro. I think it's the best out right now.
Gemini, Do you know how Webmasters are taxed? Is it treated like an business? I thought about an business license but I heard many just use their SS# [This message has been edited by eded081 (edited 08-18-2001).] |
|
|
|
|
08-24-2001, 03:08 AM
|
#8 |
|
Too lazy to set a custom title
Join Date: Aug 2001
Location: portland, OR
Posts: 20,684
|
eded081,
basically you get taxed like this: you will pay federal tax ( the amount dependent upon what you make ) you will also have to pay state tax if you live in a state that has a state tax and you will have to social security/ self-employment tax which is about 15% of your income. If you make any real money in this biz don't be suprised to see yourself paying about 40% of your income to taxes. |
|
|
|
|
08-27-2001, 09:01 PM
|
#9 |
|
Confirmed User
Join Date: Feb 2001
Location: atlanta, GA
Posts: 6,432
|
always best way is to get a CPA
------------------ ------------ Playa icq#38147712 Got a Black site or category? Get a Black Dialer!! www.NoBSdialer.com |
|
|
|
|
09-02-2001, 09:08 PM
|
#10 |
|
Confirmed User
Join Date: Jun 2001
Location: ONLINE
Posts: 330
|
Quick Books is an excellent program to use. I also believe that once you make over a certain amount, I think like $600.00 in a year, the company that is paying you has to issue you a 1099 form at tax time.
Regards, ------------------ Midnight
 Excellence is not an act, but a habit - Aristotle |
|
|
|
