I got a deal with a friend that is for a product we are going to start selling and its a monthly subscription fee of $50. However, we are trying to figure out what is the best solution to make sure we split the profits and get 50/50 each? I just got a verified paypal account, and he has a paypal account. Is there anyway we can work out something, where we each get $25, because I know if I just received the $50, I will be taxed, and that can get tricky. I just wanted to know what would be a good way to handle this.