just curiosity as to how other webmasters structure their business.
As I previously wrote I am in the UK and even though we have factories worldwide and export to many different countries, personally I am self-employed and so too are all of my family who work in the business even though we do also have offshore entities.
I do declare my AdSense earnings through my UK tax returns however I have no idea how UK self-employment compares to the equivalent US status.
I do know that US citizens have to be very careful with offshore options and I have no idea regarding Google's attitude towards EFTs/cheque changes.
As Leosghost wrote we have had several threads over the years regarding this, I'll see if I can find one of them for you.