I just updated my account and taxes after reading this post. I set up an llc and pay myself a paycheck weekly from the business account which will allow ytou to onbly be required for a 15% tax on the revenue. If you take all the money then you are required to pay based on tax bracket.
Google will now initiate payments to you. You can expect to be paid in the payment cycle that follows the first month in which you accumulate more than $100 in earnings in accordance with the Google AdSense Online Program Agreement.
If you checked the "subject to backup withholding" box on the W-9 or indicated a non-zero withholding % on the W-8 BEN, Google is required to withhold up to 30% from payments made to you under the Google AdSense Online Program Agreement for U.S. income tax purposes. You may also need to pay additional taxes on these payments.
Otherwise, Google is not required to withhold taxes from payments made to you under the Google AdSense Online Program Agreement for U.S. income tax purposes. However, you may still need to pay taxes on these payments.
Please note that the tax information collection interface and any tax-related information provided by Google is not intended as and should not be construed as legal, tax, or investment advice. You should always consult your tax advisor to help answer specific questions regarding how tax laws apply to you and/or your business. The tax summary we have provided is necessarily incomplete, and the tax laws and regulations are subject to change. Therefore, Google does not guarantee and is not liable for the accuracy or completeness of any tax information provided, or any results or outcome as a result of the use of this information. For specific information regarding U.S. tax requirements, please visit the IRS website located at [irs.gov....]