
Taxes, Legal matters, etc. for your online business
Are you guys paying taxes on the income you make from your online business? And if so, how much (percentage wise) are you paying? A rough estimate will suffice. And also, how do you have your business setup/structured? - sole proprietorship? LLC? etc.
I recently have been able to 10x my online business income in recent months, to the point that I feel it is necessary to register an actual business. I am very interested to know how some of you more experienced warriors have yours set up.
― George Carlin
"Opportunity is missed by most people because it is dressed in overalls and looks like work." Thomas Edison