If you’re making money then you should expect to pay taxes. If you’re not – then you are breaking the law – and TAX law is one aspect that governments seem to leave no stone unturned.
If I correctly recall my recent American social history – it is usually undeclared taxable income that gets the big businesses, and crooks thrown in the slammer …
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I’m registered and our primary business is the nice and generic “internet consultancy”. I declare all my work, earnings and include my affiliate marketing income in the mix.
You should be registered as a business (or sole trader) and actively working with a tax consultant to minimise tax costs. Currently my newly acquired holiday beach house (up the coast) is the company office and all mortgage interest is a straight up deductible expense.
:la-de-da:
Tax is sometimes considered a pain – but you only pay taxes when you are making a profit – and as responsible citizens is is our duty to help to fund a lot of the social programs that are sorely needed in our community.
Be up front – pay your taxes – THEN YOU HAVE EVERY RIGHT TO COMPLAIN ABOUT THE GOVERNMENT.
:angel: