How to Deal with Tax for an Online Business in USA?

Discussion in 'Payment Processing' started by bushib, Oct 20, 2008.

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  1. #1
    Hi there,

    I want to know that how to deal with tax if you are providing online services from USA and using PayPal as your primary payment processor?

    Secondly, do we need to provide our Tax info to PayPal?

    Regards
    bushib
     
    bushib, Oct 20, 2008 IP
  2. ErikJ

    ErikJ Peon

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    #2
    check into an ITIN number if not a U.S citizen
     
    ErikJ, Oct 20, 2008 IP
  3. bushib

    bushib Banned

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    #3
    Hi there,

    I am still looking for the reply.

    Thanks
    bushib
     
    bushib, Oct 20, 2008 IP
  4. mo.asghar

    mo.asghar Banned

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    #4
    Contact a Charter accountant,, or collect ur funds in some other country.
     
    mo.asghar, Oct 20, 2008 IP
  5. stmiki

    stmiki Peon

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    #5
    Taxes are easy..If you have a business or premier account PayPal may automatically request your SSN and report your earnings to the IRS, but you would just regularly file taxes at the end of the year like you would for everything else
     
    stmiki, Oct 20, 2008 IP