I think you're right when you say it's a question of intent. But how do you prove intent to the IRS? I consider my business to sell online advertising on the websites I build.
However, last year I...
Type: Posts; User: marmiteman; Keyword(s):
I think you're right when you say it's a question...
I think you're right when you say it's a question of intent. But how do you prove intent to the IRS? I consider my business to sell online advertising on the websites I build.
However, last year I...
Selling Websites - Income Tax or Capital Gains Tax?
My main business activity is building websites and then selling advertising on those websites. Occasionally I will sell a website.
My question is should I pay income tax or capital gains tax on...