[mythtv-users] RE:Isaac's unemployment

Chris Petersen lists at forevermore.net
Tue Mar 9 17:20:29 EST 2004


> Isaac, if you are not comfortable taking donations from strangers,
> maybe you would consider spending the approximately $40 to set up a
> sole-proprietorship so that you could be considered your own business
> within the city of Cleveland (or maybe it's setup through the county)
> and then you could consider money paid through Paypal as payments for
> services rendered and then claim the payments as actual income from
> your business.  Of course, you would have to pay taxes as you would
> for any other income, but it would be a legitimate business venture
> from which you could possibly make some profit for yourself.  

Actually, this could be a decent idea.  It would also let you count your
internet/hosting bills as business expenses, and deduct them from your
business income for tax purposes.  Although I do this anyway for income
from clients, without a business license (I can do this in WA - not sure
how it works in other states, but I assume you can, you just use your
ss# instead of a business id), you just have to fill out a few other tax
forms for self employment.

-- 
Chris Petersen
Programmer / Web Designer
Silicon Mechanics:  http://www.siliconmechanics.com/
Blade Servers:      http://www.siliconmechanics.com/c292/blade-server.php
1U Servers:         http://www.siliconmechanics.com/c272/1u-server.php




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