Greetings,
In 2004, I started an e-commerce site and have made approx $32,000 in income from it. At the beginnign when I created the site , I took a "wait and see" attitude so i didn't register the business with the government (No sense in registering if the outcome is uncertain was my rationale). What's the best way to report this "new" income now? Any help is greatly appreciated.
cheers.
Best way to report E-commerce income
Moderator: Mark T Serbinski CA CPA