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Undertoad · 06-13-2004, 08:24 AM

If you're just taking cash and the occasional check or paypal, you're golden. $500 a month is below the IRS's noise level. It's not worth pursuing. If you ever want to make more than that, or if you want to get to the point where you take credit cards, or if you accept a lot of transactions into the high dollars, that's when you'd have to make it legitimate.

06-13-2004, 08:24 AM	#5
Undertoad Radical Centrist Join Date: Jan 2001 Location: Cottage of Prussia Posts: 31,423	If you're just taking cash and the occasional check or paypal, you're golden. $500 a month is below the IRS's noise level. It's not worth pursuing. If you ever want to make more than that, or if you want to get to the point where you take credit cards, or if you accept a lot of transactions into the high dollars, that's when you'd have to make it legitimate.