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If you have an online business, how do you go about paying your taxes?

by imagoodguy
4 replies
Hi guys i'm just wondering how do you pay taxes for an online business, Do you even have to pay taxes or is it different for online businesses? :confused:
#business #online #paying #taxes
  • Profile picture of the author NigelJohnson
    You didn't say where in the world you are located, but where I am internet business income is taxed the same as any other business income.
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    • Profile picture of the author imagoodguy
      Originally Posted by NigelJohnson View Post

      You didn't say where in the world you are located, but where I am internet business income is taxed the same as any other business income.
      Sorry about that, I'm located in the USA
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  • Profile picture of the author Ethan Zammit
    Are you incorporated, or have a sole proprietorship? Either one you should post it both as income.
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  • Profile picture of the author mikeink
    Speak to your accountant or lawyer. These are the people to ask to get the correct info about TAXES.

    Ask them abot being incorprated or sole proprietor. Due to you being taxed differently and the tax breaks are different.
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    Well let me see. OH yea need to start work on my ???????? again.
    Been working for slave wages to long.

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