freelance payment
freelance payment
Out of context: Reply #2
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- k0na_an0k0
here's the skinny.
if you put more than $3000 (u.s.) into the bank at once over a short period of time the bank MUST notify the gov. So... in order to beat this whole "taxes" thing I never deposit more than $2500 at a time. Then at the end of the year I only record all the doosies (over 3k deposits) for the IRS. (1099)
BUT the good thing.... if you start yourself up as your own business out of your home you can write off phone bills, groceries, heat, water (most of that stuff anyways) computer supplies etc.