Home > General > Affiliate Marketing Forum

Tax Tips? US Claiming revenue from INTL networks (5)

04-12-2013 10:58 PM #1 thefalcon (Member)
Tax Tips? US Claiming revenue from INTL networks

Hey Guys,

I just wanted to get a sense of how you other US affs report your foreign revenue. I've been told by my networks to speak to my accountant on how to report it, which is just the turbotax help section in my case.

Any tips? I will certainly contact some of my accountant friends, but I also wanted to see what others are doing who are in the industry first-hand.

Thanks!

04-13-2013 12:20 AM #2 john_smith (Member)

dont report it and just hope the intl networks dont file your w forms or whatever. screw taxes and all those government mafia pigs

04-13-2013 01:31 AM #3 zeno (Administrator)

Or, with the current US tax situation (or what I've heard of it), you could report your income legitimately and pay the tax you legally are required to, under the guidance and professional advice of a qualified accountant. Screwing the government isn't going to get you anywhere...

04-13-2013 07:36 AM #4 fjk87 (Veteran Member)

Quote Originally Posted by zeno View Post
Or, with the current US tax situation (or what I've heard of it), you could report your income legitimately and pay the tax you legally are required to, under the guidance and professional advice of a qualified accountant. Screwing the government isn't going to get you anywhere...
Pretty much spot on. Probably the worst time now to start fucking around with governments with all the drama going on. Experienced that the hard way in Germany during last 2-3 months. God knows what's coming next after the recent leaks etc. personally I'd just don't risk it.

04-13-2013 02:11 PM #5 polarbacon (Moderator)

Quote Originally Posted by john_smith View Post
dont report it and just hope the intl networks dont file your w forms or whatever. screw taxes and all those government mafia pigs
^ this is about the worst possible advice one could give...

the reality as a US citizen you are taxed on world wide income....one of the joys of holding a us passport (this is sarcasm)....

not reporting that income is just asking for trouble....like big trouble....like fines and really nasty shit....

if you have an accountant that is advising you otherwise....I would find a new accountant....

Home > General > Affiliate Marketing Forum