I registered my site as an LLC this year only because I’m making enough money to make me VERY nervous about the tax thing. It really sucks to have to give Uncle Sam 33% of what I earn so that they can waste. It would be great to keep it all of the loot, but I’m NOT one to threaten my freedom for money.
I find that having a good CPA is the way to go. They will help you do everything to get set up as well as offer advice on how to save money. They do all of the filing of the many forms that are required for a corporation. The only thing I have to adjust to is saving every single receipt and tracking mileage. LOL
Me and my new hubby are seriously thinking of finding a country that is more gambling friendly. :la-de-da: The USA is great, but I’ve worked for almost five years and I can’t have my livelyhood threatened or worry about being censored, shut down or any other wild thing our wondeful govenment may sling our way.