Do I need any documents?

Total Noob · Mar 17, 2010

Suppose I make $5000 total. I spent $4000 buying clicks, paying affiliates, etc.

Do I need to get a legal document of some sort from someone? What if the amount is $50,000 or $500,000?

Thanks

Total Noob · Mar 17, 2010

Stupid statement, if I only make 1k net I am not paying them for 5k worth of sales.

Anyone else?

yeahright · Mar 18, 2010

ropinda said:
How is that a stupid statement? When someone in a shop where they get paid per sale gets paid 5k in a month and he spends it on the things he needs and all he has left is 1k does the government give a fuck? no, like I said, the government gets paid first! and if you don't believe me go ahead and hire your own accountant and I guarantee he will tell you the exact same thing.

You're an idiot.

You get taxed on net income, not gross.

7878 · Mar 18, 2010

ropinda said:
Government Gets Paid First.

Enough Said.

This kid bought his accounting degree on DP for $7.

@ Jared - Advertising is an expense, and you don't (generally) pay taxes on expenses, but it's imperative that you can show that you're actually spending that money. If you can afford it I highly recommend you get a CPA.

Do I need any documents?

Total Noob

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Total Noob

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yeahright

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