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Old 20th November 2011, 03:36 AM   #1

Join Date: Nov 2011
Posts: 1
Default Starting Political Commentary Website


I'm starting a political commentary website, and will soon have a nightly radio broadcast to go with it. I will not be selling anything at first, and my revenue will be straight from advertisers. I have a few questions.

1. What taxes will I have to pay by selling ad space?
2. Do I need a business bank account for advertisers to take me seriously, or will my personal account suffice?
3. I've heard a lot about ad sense. Do they register every hit you get on your website, or just the hit from a google search?
4. Do I need a business license?
5. Even if there is no business tax, I will still have to claim on my income tax correct?

I know you guys aren't tax lawyers, but any help is greatly appreciated. Just wanna make sure I don't have the damn IRS knocking at my door.

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