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3. When using offline communication (letters, calls, postcards, etc) get in touch with people, it demonstrates dedication that most other Web Marketers do not. Spending the money on paper and stamps and the time on the calls proves that you are far more devoted than internet marketers who will only work through Instant Messengers and email.

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1. Obtain an appointment at your local Small Business Association. Every community has some sort of small business "helper" organization (usually run through a community college) that has trained specialists available to help you both getting your business starting and ensuring all of your T's are crossed and your I's are dotted. The great thing is that this useful resource is almost always without charge.

2. Record every single little thing. This is well worth echoing: keep track of every single thing. This is simple enough to do through Excel. You just need one spreadsheet that will record all of the money you generate (down to the penny) and another that will keep track of all of the money you shell out (once again, down to the penny). Keep all the statements and receipts that document these purchases.

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5. Find out about your permitted deductions. When you operate your own business at home, there are a number of things, including the money you pay in for utility payments, that become tax deductible--just like paying for other business related supplies. Your accountant or someone from the IRS can help you determine what all you can write off when it's time for you to pay taxes.

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The belief that Web Marketing is a tax free industry is pretty much the worst and most dangerous myth in the market. People go into it believing that as the money they earn comes to them mostly through online sources like PayPal that they don't need to pay taxes on the things that they've generated. This is simply not true! More importantly, failure to pay taxes on this income could land you in tons of trouble. Don't freak out, though: it isn't really difficult to do taxes when you are an online marketer. Here are some ideas to help you out.

1. See the local Small Business organization. Just about every community has a Small Business Association (generally working through a community college) that has experts on both starting your business and making sure that all of the details (like taxes) are dealt with. The wonderful thing is that this source of information is almost always without charge.

2. Keep track of everything. This is worth reiterating: keep track of every single thing. This is simple to do via Excel. Set up a spreadsheet and report every last cent you earn with your Internet Marketing business in addition to one that tracks each and every cent you spend on your IM efforts. Make sure you keep each and every receipt and invoice for the money you spend.

3. If you could afford it, retain the services of an accountant. This will prevent you from having to worry about the numbers and the taxes for your small business. You tell your accountant what you've made and put in (be sure to have documentation for proof) and they take it from there.

4. Pay in toward the taxes you will be owing at the end of the year. A fundamental rule of thumb here is to pay in 30% of each sale. This can be accomplished every 3 months through Estimated Tax Payments with the IRS or you could even do this month to month. The IRS is established now to get estimated tax payments whenever you want or think you should be making them. By doing this you won't have an eye popping number that you owe at the end of the year (which will be extremely stressful if you haven't saved up for it). Better still: if you have overpaid in your estimated tax payments, you're going to get a refund -- just like you would if you were working for a business! Be sure you consult with a person at the IRS to get this set up properly.

5. Know about your allowed write-offs. When you manage your own business a lot of things such as your utility payments, etc are tax deductible (as is any money you spend on business equipment or supplies). Your accountant or someone from the IRS can help you figure out what all you can deduct when it's time for you to pay taxes.

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