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How is it with taxes and how do you spend your money made here, I mean how do you transfer your money?
Okay, so I am not a tax advisor but, the taxes are not taken out of your check. You will receive full payment and you will also be responsible for setting money aside for your taxes.
How do the taxes work exactly, I'm not sure, I haven't gotten to that point but, I do know you will report your earning just as if it were a job.
Another thing is you may want to keep track of all of your earning becuase, the little money I did make I never realized a form saying I made $X.XX amount of dollars for the previous year.
When it gets to the point of you reporting taxes I would consult with a professional Tax consultant, CPA or whoever. The bottom line is I would keep track of everything, your expenses, the money you earn.
Since your home is your office, I've been told by a Tax consultant to keep track of everything. Your mortgage/rent, your light bill, water bill because those are supposed to be deductions...and so on...
As I mentioned earlier I haven't actually filed taxes yet so, I am not an expert in that area.
Now, the money part, you will be sent money via PayPal Nadia27 has advised. Wealthy Affiliate members are paid on or around the first of each month.
The additional affiliate programs that you will be adding, may have other payment options. Like I have some that send me paper checks, then you have some that will pay via Payoneer, and some will direct deposit into your bank account. The pay varies with each program.
If you have PayPal you can transfer your money to your own bank account.
Or you can get a free business PayPal debit card. No requirements are needed. You just sign up for their free business Paypal business card and every time you get paid, you can transfer your funds to that card...
Hope this helps!
Someone from slovenia and still active in this comunity?
How is it with taxes and how do you spend your money made here, I mean how do you transfer your money?
I am not from Slovenia but I am trying to move there, climb in the mountains there every summer. But anyhow, I am in EU so the rules are the same. It will depend on where you earn the money, Amazon now pays directly to your bank account and the same is with Google Adsense and Mediavine. Then this comes to the issue of the tax which you are asking for. I had to register a business and this means paying almost half to social taxes and to income tax. I know that the same is in Slovenia, have been last summer in Bovec and talked to a local businessman.
You can transfer money also through Payoneer, fully recommended, very reliable. Have been using it for three years now. Let me know if you need more details, and if you are a mountaineer, but if you say you are not then you are not a Slovenian.
Okay, so I am not a tax advisor but, the taxes are not taken out of your check. You will receive full payment and you will also be responsible for setting money aside for your taxes.
How do the taxes work exactly, I'm not sure, I haven't gotten to that point but, I do know you will report your earning just as if it were a job.
Another thing is you may want to keep track of all of your earning becuase, the little money I did make I never realized a form saying I made $X.XX amount of dollars for the previous year.
When it gets to the point of you reporting taxes I would consult with a professional Tax consultant, CPA or whoever. The bottom line is I would keep track of everything, your expenses, the money you earn.
Since your home is your office, I've been told by a Tax consultant to keep track of everything. Your mortgage/rent, your light bill, water bill because those are supposed to be deductions...and so on...
As I mentioned earlier I haven't actually filed taxes yet so, I am not an expert in that area.
Now, the money part, you will be sent money via PayPal Nadia27 has advised. Wealthy Affiliate members are paid on or around the first of each month.
The additional affiliate programs that you will be adding, may have other payment options. Like I have some that send me paper checks, then you have some that will pay via Payoneer, and some will direct deposit into your bank account. The pay varies with each program.
If you have PayPal you can transfer your money to your own bank account.
Or you can get a free business PayPal debit card. No requirements are needed. You just sign up for their free business Paypal business card and every time you get paid, you can transfer your funds to that card...
Hope this helps!
I am not from Slovenia but I am trying to move there, climb in the mountains there every summer. But anyhow, I am in EU so the rules are the same. It will depend on where you earn the money, Amazon now pays directly to your bank account and the same is with Google Adsense and Mediavine. Then this comes to the issue of the tax which you are asking for. I had to register a business and this means paying almost half to social taxes and to income tax. I know that the same is in Slovenia, have been last summer in Bovec and talked to a local businessman.
You can transfer money also through Payoneer, fully recommended, very reliable. Have been using it for three years now. Let me know if you need more details, and if you are a mountaineer, but if you say you are not then you are not a Slovenian.