Affiliate Commissions - Who Pays The Taxes?
My question is, if an affiliate sells a $100 item, and I decided to pay them $75 for that sale (75%), am I going to have to pay taxes on the whole $100 amount at the end of the year? OR do people use a W-9 IRS form (from my understanding this form allows the income to "flow through" the other person or company so they pay taxes on whatever I pay them?)
I don't mind paying the taxes if it helps build my list and sell products, I'm just curious how this works.
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