Minimizng taxes by sending a bit of traffic to many different sponsors???

[JewDoggyDogg]

If I'm not mistaken, if you make less than 600 per year from a sponsor it doens't get reported.

Wouldn't it make sense then, to try to send 500 worth of traffic to a bunch of different sponsors? Hey, I know that sounds cheap, but it can add up, and may be profitable for smaller webmasters.

[basschick]

they don't HAVE to report it, but we had two sponsors under $200 report this year.

also your bank reports how much money have deposited, and although you could, in theory, hide smaller amounts from foreign countries, if and when you get audited for those amounts, they could cause you far more trouble than the couple hundred you saved.

[JewDoggyDogg]

Thanks for the Info. I didnt' get the w9 or whatever they are called forms from sponsors I didn't make a lot of money with, so does that mean they didn't report me?

[basschick]

not necessarily. the irs got 4 we didn't get... i don't know why. you can call the irs and they'll tell you what they have, but sometimes they get some later.

[playa]

stop worrying about it,,,
it wouldn't make sense if you make good money with a sponser and then stop cuz you will be making more than $600.00..

just make money and get a good accountant and keep your reciepts...

you can't run away from uncle sam and when you do they'll get ya..
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