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Friday, May 12, 2006

Your IRS Business Code

Tax time is over for most of us this year, but its never too early to think about next year. You still have about 7 months to prepare.

If you're just starting to earn money online, you'll need to know what your Business Activity Code is. What the heck is that?

Its simply a numeric code the IRS uses to categorize your business activity. Mine is 516110, which is for "Internet Publishing."

Depending on how you make your money online, yours could be different. You can do a keyword search at the link below to help determine how to classify your internet business.

http://www.naicscode.com

posted by Mike Collins at 9:56 AM

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