Work From Home

srgunmas asked:


As a side job, I run an internet site. Eventually, I hope to have everything funded through donations, but until then everything has come out of my own pocket.

In any event, I didn’t make a profit off of this site, but was curious if I still have to pay taxes on it. I’m also interested in whether or not running the site would qualify me for small business tax benefits.

Steven S asked:


I am taking on a side job I can either contract as a 1099 employee or be paid as a employee. I make a decent income and so does my wife, so what about the tax consequences?

LELIA