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Thread: @ CSC owners/admins: TAX CODE question

  1. #1
    Senior Member Ghosty's Avatar
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    @ CSC owners/admins: TAX CODE question

    Owner specifically. Do you run this is a "home business" for tax purposes? If confidential, please PM me.

    Basically I wanted to ask what IRS business code you use. If not I'll wing it, since "Internet Message Forum" isn't exactly listed, heh. I'm having trouble finding something more specific than:

    518210: "Data processing, hosting, and related services"

    So I'll probably just go with that, even though that sounds more like what an ISP or Hosting company would use.

    Here is the one that I considered next:

    519100:
    Other information services (including news syndicates and libraries)(519100)
    "News Syndicates, Libraries and Archives, All Other Information Services, Monetary Authorities - Central Bank, Internet Publishing and Broadcasting
    WHICH ONE do you think is more in line with Internet Message Forums that don't do any other product sales, just provide the message forum as a service (free or not).
    Last edited by Ghosty; Mon Apr 15th, 2013 at 01:12 PM.
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    '08 Yamaha R1 (black), mostly stock. Past bikes: '98 VFR-800 (red), '01 CBR-929RR (white/red), '05 Yamaha R6 (white), '08 Yamaha R1 (blue).
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  2. #2
    Say what again... Site Admin rforsythe's Avatar
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    Re: @ CSC owners/admins: TAX CODE question

    While I'm not going to get into personal financial detail on here, if you're just running a free system (no attempt at a profit) then you don't really need to declare anything at all. If you're going to register your forum as a business (to declare a profit or a loss), get an EIN, etc then I suppose either of those numbers would work though I think I'd go with the first one. The second one doesn't seem as close of a match.

    I can discuss further over PM if you like.
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  3. #3
    Princess of Prius Sean's Avatar
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    Re: @ CSC owners/admins: TAX CODE question

    Quote Originally Posted by rforsythe View Post
    While I'm not going to get into personal financial detail on here...
    If you're not going to provide the forum members with a complete and legal tax return for the past 10 years, how do we know that you're not stealing from the community and financing your Barbie doll collection?


  4. #4
    Senior Member Filo's Avatar
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    Re: @ CSC owners/admins: TAX CODE question

    I have seen both Ralph and his basement. That picture is definitely him. I didn't realize at the time he was fueling his unnatural obsession with my money. Now I am mad.

    Quote Originally Posted by Sean View Post
    If you're not going to provide the forum members with a complete and legal tax return for the past 10 years, how do we know that you're not stealing from the community and financing your Barbie doll collection?

    1989 Honda Hawk,2005 crf250x supermoto

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  5. #5
    Say what again... Site Admin rforsythe's Avatar
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    Re: @ CSC owners/admins: TAX CODE question

    Quote Originally Posted by Filo View Post
    I have seen both Ralph and his basement. That picture is definitely him. I didn't realize at the time he was fueling his unnatural obsession with my money. Now I am mad.
    What the hell else would I be doing with your money?
    Asshole Nazi devil moderator out to get each and every one of you

    Nothing in all the world is more dangerous
    than sincere ignorance
    and conscientious stupidity.
    - Martin Luther King, Jr.


    disce quasi semper victurus vive quasi cras moriturus

    The return of MRA #321! Sponsored by Western Ambulance, Chicane Trackdays, and a very patient wife...

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    Re: @ CSC owners/admins: TAX CODE question

    Quote Originally Posted by rforsythe View Post
    What the hell else would I be doing with your money?

    That sure is a nice shiny new truck you got......

  7. #7
    Princess of Prius Sean's Avatar
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    Re: @ CSC owners/admins: TAX CODE question

    Quote Originally Posted by Grim2.0 View Post
    That sure is a nice shiny new truck you got......
    That's just money from his ho's...everybody knows that.

  8. #8
    Say what again... Site Admin rforsythe's Avatar
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    Re: @ CSC owners/admins: TAX CODE question

    Pimpin' ain't easy.
    Asshole Nazi devil moderator out to get each and every one of you

    Nothing in all the world is more dangerous
    than sincere ignorance
    and conscientious stupidity.
    - Martin Luther King, Jr.


    disce quasi semper victurus vive quasi cras moriturus

    The return of MRA #321! Sponsored by Western Ambulance, Chicane Trackdays, and a very patient wife...

  9. #9
    Senior Member Ghosty's Avatar
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    Re: @ CSC owners/admins: TAX CODE question

    I forgot which one I used, but I list the forum as a (albeit tiny) home business for tax purposes. All legal and kosher. Thanks Ralph.
    .
    '08 Yamaha R1 (black), mostly stock. Past bikes: '98 VFR-800 (red), '01 CBR-929RR (white/red), '05 Yamaha R6 (white), '08 Yamaha R1 (blue).
    '94 Supra Turbo 6spd. (black), BUILT motor/head, CompTurbo CT43-xx, '69 Dodge Coronet SuperBee tribute, 440/520 SixPack stroker, auto.

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