Crimson.gold

Need Advice on Proving income

37 posts in this topic

12 hours ago, Lucy Kitten said:

 You're not evading taxes if your income isn't legal when the government thinks that this isn't a real job.

 

You are wrong. That is how they got Al Capone. His money was made doing illegal business transactions.

The Supreme Court had ruled in 1927 that income gained on illegal activities was taxable, which gave the government a strong case for prosecuting Capone. On June 5, 1931 the U.S. government finally indicted Capone on 22 counts of income-tax evasion.

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12 hours ago, Keyser said:

lol  wanna bet?  the irs doesn't give two shits what the source of the income is, all they care is that they get their share.  my brother worked as an irs auditor and he told me you could literally write "drug dealer" as your occupation and it wouldn't raise any flags as long as your numbers were reasonable.

I don't care if you ladies pay taxes or not, but if you aren't, you are absolutely breaking the law.  sorry

 

If you don't technically have an income there is nothing to claim. Sure the IRS wants you to pay but they have to see your income first. The IRS is made up of pencil pushers and number crunchers anyways, they're not an enforcement agency. They're not actively seeking hookers dodging taxes. And if a provider ends up in cuffs or behind bars it certainly won't be for dodging taxes because we're already breaking laws.

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42 minutes ago, Lucy Kitten said:

 

If you don't technically have an income there is nothing to claim. Sure the IRS wants you to pay but they have to see your income first. The IRS is made up of pencil pushers and number crunchers anyways, they're not an enforcement agency. They're not actively seeking hookers dodging taxes. And if a provider ends up in cuffs or behind bars it certainly won't be for dodging taxes because we're already breaking laws.

The IRS can look at both sides of the equation. If you spent $X last year, they can ask you to prove where you got the money. As others have said, (within limits) they don't really care how you got the money. 

Agreed, IRS agents aren't snooping for hookers, but if local LEO picks you up and can't quite prove their case, they may drop a dime to their IRS friends suggesting a look/see. Once they get their hooks in the IRS is relentless. There are plenty of people who got picked up for one thing and ended up doing time for getting crosswise with the IRS. 

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3 hours ago, Bit Banger said:

Agreed, IRS agents aren't snooping for hookers, but if local LEO picks you up and can't quite prove their case, they may drop a dime to their IRS friends suggesting a look/see. 

And financial institutions might drop a dime, as they could get fined for not reporting. Banks are supposed to report any possible "structuring" of money movement, transactions that are trying to skirt the $10,000 reporting limit. And banks have been extra cautious when they see money coming in in cash: being cautious to not be part of some money laundering, and folks completely innocent have been dragged into a Fed hell due to their businesses tend to be all cash (eg. liquor store owner, coffee shops, stall at farmer's market, etc.).

Spitzer got caught via structuring. And so did that ex Speaker of the House who was paying extortion to cover up his abusive actions when he was a teacher.

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Crimson simply asked." Hi if anyone out there has any advice on how to prove income. I would sure appreciate it. I rent my house. The house is for sale. N when I get a new landlord, I need to prove my income on paper n can not do so. N that could create a problom. "

She didn't say anything about paying or not paying taxes. She didn't say anything about breaking the law. She simply needs DOCUMENTATION of her legit income so her NEW landlord will believe she can afford the rent AFTER her CURRENT landlord sells the house she is renting! Crimson DOES have a part time job which she CAN document the income for. However, the PART TIME job would not support her rent amount in the eyes of her NEW landlord.

I suppose Crimson could say: "Oh yeah, in addition to my part time job I am also an ASP. Just check my references on Theotheboard and TER. And my Ads in the dating section of the Wyoming Backpage."

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As a landlord, I require (1) 1st and last, (2) security deposit, and (3) a reference for at least one year from your previous residence.

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On 2/2/2017 at 1:13 PM, Lucy Kitten said:

 

If you don't technically have an income there is nothing to claim. Sure the IRS wants you to pay but they have to see your income first. The IRS is made up of pencil pushers and number crunchers anyways, they're not an enforcement agency. They're not actively seeking hookers dodging taxes. And if a provider ends up in cuffs or behind bars it certainly won't be for dodging taxes because we're already breaking laws.

I had a rough time a few decades back, and would have been homeless for a year or so, were it not for the charity of friends. I lived in someone else's house. I ate someone else's food. I had no income to speak of at all. I had a vehicle, but rarely drove because what little money I could earn doing temp work and odd jobs was too precious for gas - rather I tried to salvage pride by repaying it to my friends' as much as I could. The total time I was with no income was a bit over 18 months.

 

I didn't even file at all for the one year. I mean, I had no income, right?

The next year, I filed because I had gotten a job and pretty much had to. I assumed that I would get a massive return because of my lack of income for more than half that year. Instead, I ended up owing a ton. Why? Because the IRS considered the 'rent' and 'food' that I was provided as gifts. And I had to pay taxes on those 'gifts'.

 

You do NOT have to have ANY income to owe taxes. You can call your income 'gifts' or 'charity' all you want, it has no bearing on how much the IRS wants from you for it. You still (legally) have to claim it all regardless. If you're comfortable breaking the law, go for it. I honestly don't care if you do or not. As has been said, we all break the law simply by participating in this hobby. But if you're doing it simply out of ignorance... now you know. You were wrong. 

So, pay taxes or not. I don't care. But know that you're committing a potentially much more serious crime - or, put another way, a crime with much more severe penalties, by avoiding paying your taxes.

 

Get caught for prostitution, you get a proverbial slap on the wrist...hundreds or a few thousand dollars, and weeks or months in prison (if at all).

 

Get caught not paying your taxes... especially on the income of the typical escort, and you could be looking at decades in jail and tens or hundreds of thousands in fines.

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