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Which country/state are you in ? If in the United States, I recommend finding a good local accountant/CPA who can help. Usually, for any projects that hopefully
by codegeek 10y ago
Which country/state are you in ? If in the United States, I recommend finding a good local accountant/CPA who can help. Usually, for any projects that hopefully bring in revenues, you will need a good accountant to help with taxes etc on a recurring basis. Better to find a good one upfront and then work with them.
The problem with using generic services is that they may work fine in the beginning but you may end up contacting an accountant anyway for best advice on tax and planning. Yes, even for side projects that bring in some money.
- traviswingo 10y agoThanks! I usually go to TurboTax for accounting needs on a personal and side project basis, since I'm fairly literate in tax processes and personal/side project income isn't very complicated. Any personal experience on a local accountant being better for you than a service like TurboTax?
- vmarsy 10y agoAre your side projects generating money from app stores or selling directly to your users? If selling direct, how do people handle the EU VAT stuff with a US based company? (assuming sales to the EU countries)