Man, really, the tax from Adsense is SICK! It's like 20% of my revenue, and that's like one week's revenue!!!! It took about $80 from my paycheck last month, and I think it's ridiculous , cuz I can actually buy a lot of stuff with $80 Don't you think they should just take about 10% of our income? I know it's not up to Google, but it would be much better, if the tax is lower.
at least in th US when a company takes tax out of your check it is at the highest rate. When you do your tax returns, you should get a bunch back.
Where do you see that they are taking withholdings out? This may be because I have it registered under my company name, but they just send me a revenue sheet for taxes. Like w2 but for a company. I was taxed when completing taxes for the year, but didn't see any come out during the year.
I live in the US and depending on how you actually 'do' your taxes will decide how much you get back. By 'do' I do not mean illegal, I just mean making sure you get every possible deduction out there. If you make enough, I'd have a professional do it.
Might be a good idea: "Generally, an S corporation is exempt from federal income tax other than tax on certain capital gains and passive income."
incorporate. then you don't get any taxes taken out, and you can make all these cool expenses that cut your overall tax burden at the end of the year anyways