Does anyone know how much you have to earn from a site before you need to start worrying about claiming for tax purposes? I know that google is taken care of, but what about earnings from other sources such as selling banners, text ads, etc.?
Is there any benefit to setting up your website as it's own entity for tax purposes?More Information:
- by SM Kipperman - 1966 - Cited by 3 - Related articlesACCUMULATED EARNINGS TAX
- We cannot refund any money we withhold for income-tax purposes
- Alternatively, deferred tax assets increase as firms currently recognize expense and/or defer revenue for book vis-a-vis tax purposes, thereby producing a future deductible amount
- Resident aliens for tax purposes are taxed like US Citizens
- For income tax purposes, a licensed, commissioned, or ordained minister is generally treated as a common


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