<prompt> Human: I live in Virginia. I run a site with two other people. But the sites paypal, domain registration, hosting, basically everthing is under my name and address. I have a couple of questions regarding taxes.1When do I file taxes?I guess paying the IRS money so they dont raid my house2 How much money do I have to make to pay an income tax?3Our site isnt a business, like its not called Blah LLC, or Blah inc. Its just is not actually called blah.com. Is this a problem?  <response>: First, how much money is it? This will affect your reaction substantially. If its a trivial amount a few thousand dollars then you can sort your taxes, if its high 5 or 6 figures youd be best looking into accountants because you dont want to fuck up on that amount. 