14 DAY TRIAL // AdSense is one of the most popular services provided by the search giant because it allows you to earn money on the Internet by placing Google ads on your website. Although it's quite easy to obtain an AdSense account if you don't infringe any term of service provided by the company, you should know that Google's payments depend on the number of your visitors. So, don't expect to buy yourself a car using Google AdSense, unless you register 1 million visitors per day.
Because we're taking about what you must, well?you must know that AdSense doesn't mean only revenues and payments received from the search giant. You must also pay your taxes for the received money, according to the laws available in your country. This is quite an interesting matter, so the company decided to post a message on the official blog to announce the deadline for reporting your taxes.
"As required by U.S. tax law, we'll send IRS forms 1099 and 1042-S to qualifying publishers. To determine whether you are a qualifying publisher and if you should expect to receive one of these forms, please review the criteria in our Help Center. These tax forms were mailed on January 31st, so any forms sent to you should arrive during February. As a reminder, checks dated in 2006 will be reported in 2006. This means that unpaid earnings from 2006 that are rolled over to 2007 will not be included. For example, December earnings which are paid in January 2007 will not be included as earnings for 2006," Elizabeth Ferdon, AdSense Publisher Support, sustained in a blog post published on the official page.
What you should know is that you must report only the payments received in the year 2006 so, your December payment that was received in January 2007 will not be included in the tax report. The search giant encourages you to speak to a tax advisor, but you can also find more information on this link.