*help* - People who make a living from websites - need to ask you something

Discussion in 'General Chat' started by kastro_316, Jun 16, 2007.

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  1. #1
    Hey everyone, this question is for people who make a living from websites.

    I have started this website racket around a year ago, and I am making a decent living from it now from running 10 websites.

    For those of you who make a living from websites, do you start a company name for tax/accounting purposes? If so, what do you call your company, and what do you call yourself when people ask what you do?

    Thanks, really appreciate it!
     
    kastro_316, Jun 16, 2007 IP
  2. w3bmaster

    w3bmaster Notable Member

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    #2
    I didn;t open yet a company
     
    w3bmaster, Jun 16, 2007 IP
  3. kastro_316

    kastro_316 Well-Known Member

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    #3
    Anyone from Canada that does this for a living?

    I just feel strange making money from 10+ different websites. I would like a title. Like, I run my own internet company or something you know. I want to be called something lol.

    Cheers
     
    kastro_316, Jun 16, 2007 IP
  4. gibex

    gibex Active Member

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    #4
    why should I pay taxes ? so, no company :)
     
    gibex, Jun 16, 2007 IP
  5. kastro_316

    kastro_316 Well-Known Member

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    #5

    You don't claim your earnings?
     
    kastro_316, Jun 16, 2007 IP
  6. 1EightT

    1EightT Guest

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    #6
    Yes, three S Corporations

    Web Developer
     
    1EightT, Jun 16, 2007 IP
  7. theTurk

    theTurk Active Member

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    #7
    How much do you earn a month??
     
    theTurk, Jun 16, 2007 IP
  8. kastro_316

    kastro_316 Well-Known Member

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    #8
    What are S corps?
     
    kastro_316, Jun 16, 2007 IP
  9. anthonyn

    anthonyn Well-Known Member

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    #9
    I have made Online income is my part time imcome. I earn my online income in the form of an individual and not as a company.
     
    anthonyn, Jun 16, 2007 IP
  10. The Saint

    The Saint Peon

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    #10
    I've been making an online income and paying taxes for YEARS. Taxes are super easy and simple it's just annoying paying them.

    You don't have to incorporate or start a business or anything simply file taxes with the I.R.S. The people paying you online like Google, CJ, Azoogle ect should be giving you what's called a 1099.

    This can easily be done automatically using TurboTax. If you have any questions feel free to PM me. I'm not a certified public accountant or anything but I've been doing and paying my own taxes for years.
     
    The Saint, Jun 17, 2007 IP