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Darthvadersmaster
March 1st, 2006, 12:09
*sigh* Unfortunetly, my parents refuse to let me use Google AdSense because they don't want to get into tax issues...so, I realize my mission to be nearly impossible, but I'm out to find somewhere that pays me to display targeted text-ads (like google and yahoo), but requires no tax information. Please don't lecture me about this, I know what I'm asking is stupid, but I shall do so never the less.

If you can help, please do :D

hottweelz
March 1st, 2006, 12:11
But you or your parents are still required to file it in your taxes.

If I paypal you $1, its taxable. Doesn't matter who the firm is.

Darthvadersmaster
March 1st, 2006, 12:14
I realize this, but for some reason, they don't. As long as I don't have to fill out tax info, they'll be happy.

Remember, parents don't always make sense ;)

hottweelz
March 1st, 2006, 12:16
I realize this, but for some reason, they don't. As long as I don't have to fill out tax info, they'll be happy.

Remember, parents don't always make sense ;)

Try bidvertiser.com then. I dont think they require an SSN.

Tell your parents "Good Luck"

BTW I'm a retired Treasury Agent for the U.S. ;) ..seriously..

Darthvadersmaster
March 1st, 2006, 12:18
:biggrin2: Cool...

But bidvertiser doesn't display ads related to your site do they? Just whoever pays the most?

hottweelz
March 1st, 2006, 12:18
That's correct, but they do pay well

Darthvadersmaster
March 1st, 2006, 12:20
But it'll be difficult to get clicks :(

Thanks for the help :D

platinumbullet
March 1st, 2006, 21:29
I thought that the IRS doesn't step in for taxes on anything under 600...Maybe I am wrong there, but for 1 dollar, I doubt there'd be any tax possible. What's your tax bracket? Doesn't quite make sense...

Darthvadersmaster
March 1st, 2006, 21:59
:confused4

You asking me??? Dude, I've got no idea! I'm not even out of high school :o

hottweelz
March 2nd, 2006, 08:17
I thought that the IRS doesn't step in for taxes on anything under 600...Maybe I am wrong there, but for 1 dollar, I doubt there'd be any tax possible. What's your tax bracket? Doesn't quite make sense...

$1 is taxable income.

Darthvadersmaster
March 2nd, 2006, 11:46
If only they would pay to minors...under 18 don't have to pay taxes do they?

hottweelz
March 2nd, 2006, 11:48
If only they would pay to minors...under 18 don't have to pay taxes do they?

What kind of world do we live in? You scare me. Please don't run this country.

platinumbullet
March 2nd, 2006, 11:56
Of course we pay taxes. When you get a job, guess where some of the money goes! Hottweelz...Do you know the information on tax brackets? Like, the percentages for each bracket? I understand that $1 is taxable, but do you agents really go on the prowl for people that give $1? I get $100 for my birthday from my Dad, does that mean I have to now give some of that to the government?

hottweelz
March 2nd, 2006, 12:20
Of course we pay taxes. When you get a job, guess where some of the money goes! Hottweelz...Do you know the information on tax brackets? Like, the percentages for each bracket? I understand that $1 is taxable, but do you agents really go on the prowl for people that give $1? I get $100 for my birthday from my Dad, does that mean I have to now give some of that to the government?

Federally, $1- $35,00o (I believe is 15%) then up and onward from there.

$100 from your dad is a gift, you didn't perform a service for it.

Immediately families can give eachother gifts, such as $100, all the way up to $60k tax free.

Yes the really do. If you made $1, you owe 15 cents. Ignore the 3 year rule, that .15 cents becomes $10 with interest and penalties.

Ignore the $10, ten years later it becomes $2500.

50 years later, from the original $1 you made when you were 15 years old. You now owe the Government $175,000 dollars.

Will you get caught, probably not. Can you? Absolutely.

platinumbullet
March 2nd, 2006, 12:21
Ah, but the minute I start offering a service, I have to pay taxes. How do they traffic it? Do they get a report of every paypal transaction?

hottweelz
March 2nd, 2006, 12:24
Ah, but the minute I start offering a service, I have to pay taxes. How do they traffic it? Do they get a report of every paypal transaction?

If google gives you $100 (mininum payout)

They of course are writing off that $100 on their taxes.

Who are they writing it off to?

"We paied $100 to ...so an so, SSN# xxx-xx-xxxx"

IRS Say's let's check and see if Google is lying...

So and so didn't claim it... now we investigate... Did Google lie? Or did So and so lie...

Chances are Google wouldn't lie... their consequences are much worse than if you lied.

platinumbullet
March 2nd, 2006, 12:26
Okay. Well, that makes sense, I suppose. Thanks!

hottweelz
March 2nd, 2006, 12:27
Probably the biggest issue, teenagers have about "Running a webhosting business"

No one reads Pub 17 from IRS Publications.

platinumbullet
March 2nd, 2006, 12:53
Yeah. Does the IRS traffic every transaction or do they look over smaller things? Something I heard is that the IRS cannot know about money you put into the bank. Or, something like that...:/ Assuming someone got paid under the books, how doesn't the IRS catch on?

hottweelz
March 2nd, 2006, 13:11
Yeah. Does the IRS traffic every transaction or do they look over smaller things? Something I heard is that the IRS cannot know about money you put into the bank. Or, something like that...:/ Assuming someone got paid under the books, how doesn't the IRS catch on?

HAHA, they can't know? DO you know what a 1099-INT is? If it doesn't sound right, it's probably not...

IRS knows ALL

platinumbullet
March 2nd, 2006, 13:24
If IRS knows all, why don't they go after businesses that pay under the table?

hottweelz
March 2nd, 2006, 14:11
They do, every single day.

platinumbullet
March 2nd, 2006, 14:21
So that's what you used to do for a living, huh? Or were you something else? Since you were an agent, were you ever armed, or is the word agent just a broad word? I don't know the dangers of being the type of agent you were, so I am just curious.

hottweelz
March 2nd, 2006, 14:25
So that's what you used to do for a living, huh? Or were you something else? Since you were an agent, were you ever armed, or is the word agent just a broad word? I don't know the dangers of being the type of agent you were, so I am just curious.

The problem with the Treasury Dept in the U.S. is that you could do any job you were assigned, you could be "Detailed" to the Secret Service for 3 weeks, and then go back to Criminal Investigations... then get "Detailed" again to Internal Examiner.

I have a lot of guns.... still.

Ever hear about "Drug Dealers found innocent in Crime Spree..." Type headlines...?

You think they got away with selling drugs... but they didn't.
If somehow they beat the legal system and got out of serving time for Drug Dealing... for any reason, doesn't matter.

The IRS can step in and say, ok, you sold drugs, a loophole found you not guilty, but you received Income from selling drugs.

Where's the tax due? Oh, didn't think so. 5 years at Club Fed.
Prostiution is an example as well.

You'd laugh, but I've auditted many, many prositutes Tax Returns... and they are pretty honest to the Tee.

platinumbullet
March 2nd, 2006, 14:39
Wow...The job sounds awesome. However, I want to become a teacher, High School History Teacher, so I don't think I'd pursue it. But, it sounds fun. Was it fun for you or did you have an early retirement because it was too stressful and you knew you could make money hosting?

hottweelz
March 2nd, 2006, 14:52
I kept trying to get into the Gov't I.T. Sector and kept getting "Detailed" in and out of different groups.

Actually majored in Finance in College.

platinumbullet
March 2nd, 2006, 15:01
I.T.? Maybe we should talk on AIM so we don't pollute this guy's post. If you want to contact me on AIM, you can at: JediGiants.

hottweelz
March 2nd, 2006, 15:03
We already destroyed his post, which kind of answered ALL of his tax concerns indirectly anyway.

IM's only in the evening.

platinumbullet
March 2nd, 2006, 15:07
Yeah, that's true. Alright, well, if you're ever in the mood to chat, feel free to IM me. This stuff interests me, I suppose.

hottweelz
March 2nd, 2006, 15:08
Will do :)

Darthvadersmaster
March 2nd, 2006, 17:02
Okay...thanks for the tax lesson.

My neighbor actually works for the IRS.

But still, minors have to pay taxes? I thought for sure they didn't....

hottweelz
March 2nd, 2006, 17:02
Okay...thanks for the tax lesson.

My neighbor actually works for the IRS.

But still, minors have to pay taxes? I thought for sure they didn't....

14 and Older. Under 14 it's the parents responsibility.

Darthvadersmaster
March 2nd, 2006, 17:27
Damn...so like, if I did work for some old lady who couldn't walk her own dogs or something, it's taxable? But birthday money and stuff isn't?

sparkypsyco
March 2nd, 2006, 17:59
:confused4

You asking me??? Dude, I've got no idea! I'm not even out of high school :o

neither am i


i went to hotscript.com and searched for an ad system. i found a good one where banners expire after a certain number of clicks/hits/ or whatever u want. this way u can run ur own ad system and only get the banner YOU want :)

Darthvadersmaster
March 2nd, 2006, 18:02
Yet, you're running a host? *sigh*...

john874
March 2nd, 2006, 21:48
If you are a minor then no program will really accept you as you will most probably be breaking all of their TOS.


:confused4

You asking me??? Dude, I've got no idea! I'm not even out of high school :o

Darthvadersmaster
March 2nd, 2006, 21:58
Yes, but I can have them pay to my parents who can give it to me.

john874
March 2nd, 2006, 22:58
OK,

Now I see, that is most probably why they don't want to deal with the tax situation.