$$$ Advice...

the mad hatter · Jun 14, 2009

Out of curiosity, I have heard from some affiliates that once your website becomes more profitable the taxman suddenly makes an appearance.

Can anyone provide feedback and/or advice on this?

Thanks in advance.

Cheers.

TermsB · Jun 14, 2009

Always pay your taxes. End of story.

4alllifestyles · Jun 14, 2009

Always remember it's a business. No matter what have your financial house in order. Being prepared for taxes is always a good business move...

1) Use good accounting software to track your income and expenses.
2) Evaluate your tax position several times a year (quarterly works) so if you need to make
moves you can.
3) Use tax and legal professionals if at all possible, if for nothing else but good advice from experts in the field.

MAKE MONEY! No problem is insurmountable in business if you are making money.

the mad hatter · Jun 14, 2009

4alllifestyles said:
Always remember it's a business. No matter what have your financial house in order. Being prepared for taxes is always a good business move...

1) Use good accounting software to track your income and expenses.
2) Evaluate your tax position several times a year (quarterly works) so if you need to make
moves you can.
3) Use tax and legal professionals if at all possible, if for nothing else but good advice from experts in the field.

MAKE MONEY! No problem is insurmountable in business if you are making money.

Great feedback

Thanks!

sddk · Jun 15, 2009

Taxes for small IM activities too !!!

Next time, you'll pay taxes because you're breathing

And the taxman will say: if you don't like to pay, DON'T breath

$$$ Advice...

the mad hatter

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the mad hatter

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