dorothy Posted October 10, 2005 CID Share Posted October 10, 2005 I highly advise anyone who's making money on the Internet today to take a good look at the information available at reliabletaxadvice.com I'm a single mom who's working on launching a small online baby products exchange business, and although I'm not usually one to endorse other websites, I appreciated the fact that this was the only one that didn't attempt to draw me into any type of scheme, strategy, or offshore nonsense. I'm not exactly an accounting expert, but I know enough to know that much of the "tax planning" promoted on the Internet is either illegal or ineffective (or both!). I've found out that even if you're just making a few bucks on eBay -- or you've got a well--established online business -- you still need to know how to stay out of trouble with the IRS (audits, fines, seizure of assets, and even jail time). Anyway, it's up to you to find out if you're at risk. Also -- can anyone recommend a user-friendly but inexpensive book-keeping software? I've come across several that were well advertised but I'd like to get some opinions from people that have actually used this kind of stuff. Quote Link to comment Share on other sites More sharing options...
Blunted Posted October 10, 2005 CID Share Posted October 10, 2005 what kinda trouble ? taxes? Quote Link to comment Share on other sites More sharing options...
tonyswhirl Posted October 10, 2005 CID Share Posted October 10, 2005 microsoft money will keep the books for use - if you input all your checks and all your receipts and put everything in the proper category you will be set for yearend - if you catogorize everything correctly it is very simple - Quote Link to comment Share on other sites More sharing options...
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