I am not from U.S., but I am thinking of signing up by using my cousins(he is in U.S.) details, will it work? Do you guys have some experience of using YPN on gaming sites/blogs?
You understand that if you make over $500 that your cousin will be taxed right? YPN worked ok for me on a lord of the rings site (online gaming).
Now he earns around 5000$/month and now if he gets 1000$ more from YPN, will his tax% increase tremendously or will it be same? If the tax% increases tremendously (I mean 5% and more than 5% increase) because of the earning thru YPN, i wont sign up thru YPN, otherwise I will give a try
It depends on his overall income for the whole year. It could put him in another tax bracket. Now none of this is really a problem but at the end of the year you would have to pay him money to offset the taxes. If you make a $1000 a month then taxes maybe around $500. But it all depends on his tax bracket.
you are absolutely correct...Its better to just put aside a portion, I usually put 25% of all checks for taxes. It usually is a lot less so I have a lot of savings at the end of the year.