$$$

[+ bashful]

Was that Norway? I think they have laws in Norway where your tax return is public, whoever you are.

 

Close. Sweden.

[+ Tarte Gogo]

Close. Sweden.

Cool. So now both in Sweden and Norway at least, anyone can see how much anyone earns.

[marylander1940]

 

you keep coming up with clever gifs!

[+ purplekow]

Looks like Sean Xavier is available.

 

~Boomer ~

Is he no longer partnered with his Mr.?

[+ WmClarke]

Is he no longer partnered with his Mr.?

That is correct. They are no longer together.

[marylander1940]

Is he no longer partnered with his Mr.?

 

yes, they broke up.

[+ Kufrol]

At one time, all public school employees' names and salaries had to be published in a local newspaper annually. I don't know if that law remains on the books.

[MaxMuscle9x6]

Well I have a general idea. And while I understand the "it depends" qualifier, let's try it this way

 

Variable inputs:

City: New York

Avg hourly fee: 300/In call

Avg client time : 2 hours

Avg # of clients per day: 4

# of days worked/week 6

# of weeks worked/year: 42

 

Total tax free Cash earned: 604,800

 

How much do,they keep: depends on spending habits and remember, they cannot invest it, deposit it in a bank, etc if they don't want to report it to the IRS.

 

You can agree or disagree with the variable inputs, but I met and married an escort and the numbers aren't far off.

[+ not2rowdy]

@MaxMuscle9x6: Your post concerns me.

The only safe response I can make is that I hope your spouse is properly reporting income.

[Mydavid]

Well I have a general idea. And while I understand the "it depends" qualifier, let's try it this way

 

Variable inputs:

City: New York

Avg hourly fee: 300/In call

Avg client time : 2 hours

Avg # of clients per day: 4

# of days worked/week 6

# of weeks worked/year: 42

 

Total tax free Cash earned: 604,800

 

How much do,they keep: depends on spending habits and remember, they cannot invest it, deposit it in a bank, etc if they don't want to report it to the IRS.

 

You can agree or disagree with the variable inputs, but I met and married an escort and the numbers aren't far off.

It really surprises me that they can work so much one day (4*2 = 8 hours only for work, preparation not included)

[TruthBTold]

I do know that some escorts pay income tax on their earnings but I have never understood what they list the tax as. Of course, I assume it is only part of their income but I would imagine there are non-escorts who also pay taxes on income that is not directly reported to the IRS.

[marylander1940]

I do know that some escorts pay income tax on their earnings but I have never understood what they list the tax as. Of course, I assume it is only part of their income but I would imagine there are non-escorts who also pay taxes on income that is not directly reported to the IRS.

 

I started a thread about it 5 years ago... but under the new circumstances (RentBoy raid, Trumpian world, Jeff Sessions Att. General) I'd rather not touching the subject

[Kevin Slater]

I do know that some escorts pay income tax on their earnings but I have never understood what they list the tax as. Of course, I assume it is only part of their income but I would imagine there are non-escorts who also pay taxes on income that is not directly reported to the IRS.

 

The IRS really doesn't give a shit what you call it, so long as you report it.

 

I would just call myself escort on my tax returns but that would just raise a wrinkle next time I apply for a mortgage, so I use consultant.

 

Kevin Slater

[TruthBTold]

Kevin, thanks. I'm sure they get some big tips from you.

[LaffingBear]

The IRS really doesn't give a shit what you call it, so long as you report it.

 

I would just cal myself escort on my tax returns but that would just raise a wrinkle next time I apply for a mortgage, so I use consultant.

 

Kevin Slater

Im not so sure youre correct in interpretation of attitude.

 

I'm comfortable that most IRS agents dont care what you call it. But this country is changing. There are conservative, fundamentalist forces at play..... and a level of top-down policy imposition on agencies not seen in decades.

 

Stated differently, I wouldnt be at all surprised to learn that the current conservative administration has agencies on the lookout for evidence of criminal behavior that, if thwarted, helps in demonstrating to their base that they're acting in support of their values.

[Beancounter]

The IRS really doesn't give a shit what you call it, so long as you report it.

 

I would just cal myself escort on my tax returns but that would just raise a wrinkle next time I apply for a mortgage, so I use consultant.

 

Kevin Slater

 

Mr. Slater is correct. The IRS is primarily concerned that individuals are correctly reporting all income from all sources. With that said, though, the IRS would might question a $600,000 plus income mentioned above with no matching 1099s or W2s to substantiate reported income from a consultant. There are several threads on this subject in the Forum for those interested in reading more opinions on this subject. The truth of the matter is that none of us will never know how individual escorts handle their private financial matters. They are ultimately responsible for their finances. I'm sure some win and some lose in their attempts to launder their earnings.

 

I leave you with this piece of wisdom though. Don't fuck with the IRS. They win 99.9% of the time.

[+ VictorPowers]

I do know that some escorts pay income tax on their earnings but I have never understood what they list the tax as. Of course, I assume it is only part of their income but I would imagine there are non-escorts who also pay taxes on income that is not directly reported to the IRS.

Since escorting is my main source of income, I pay taxes on a portion through some Tax Ninja skills. My CPA takes care of me. I also own a home, so I do not have the luxury of reporting $0 each year.

 

@Beancounter

You're entirely correct on your last statement.

[Kevin Slater]

Im not so sure youre correct in interpretation of attitude.

 

I'm comfortable that most IRS agents dont care what you call it. But this country is changing. There are conservative, fundamentalist forces at play..... and a level of top-down policy imposition on agencies not seen in decades.

 

Stated differently, I wouldnt be at all surprised to learn that the current conservative administration has agencies on the lookout for evidence of criminal behavior that, if thwarted, helps in demonstrating to their base that they're acting in support of their values.

 

In general, section 6103 prevents the IRS from sharing your tax return data with any other agency. Yes, there are exceptions and loopholes, but those pertain mostly to suspected terrorism or identity theft.

 

Kevin Slater

[Beancounter]

I make at least one dollar a week.

Is that after income taxes and FICA/Medicare taxes? :D:D

[Kevin Slater]

the IRS would might question a $600,000 plus income mentioned above with no matching 1099s or W2s to substantiate reported income from a consultant

 

True that. However a business that provides primarily a personal service rather than services to some other business, such as a fitness trainer, wouldn't be expected to have 1099s or W2s.

 

Kevin Slater

[+ DERRIK]

My business is a LLC. It is not uncommon for clients to request my W9 - instead of getting all involved as to their need for it - I just send it.

 

Come January - February some 1099's show up in my mail but I disregard them. I keep track of income and expenses in quicken. Come April I rely on quicken to give me what I need.

 

while I have never tried to add up my 1099's - I guesstimate they account for less than 30% of my income

[mike carey]

I make at least one dollar a week.

And I'd love to contribute part of that one dollar. Lack of proximity and opportunity will likely prevent me from doing so.

[Jomo]

My business is a LLC. It is not uncommon for clients to request my W9 - instead of getting all involved as to their need for it - I just send it.

 

Come January - February some 1099's show up in my mail but I disregard them. I keep track of income and expenses in quicken. Come April I rely on quicken to give me what I need.

 

while I have never tried to add up my 1099's - I guesstimate they account for less than 30% of my income

That's ballsy, u have clients send you 1099s?

[+ DERRIK]

I provide a service but not an escort here

[LaffingBear]

My business is a LLC. It is not uncommon for clients to request my W9 - instead of getting all involved as to their need for it - I just send it.

 

Come January - February some 1099's show up in my mail but I disregard them. I keep track of income and expenses in quicken. Come April I rely on quicken to give me what I need.

 

while I have never tried to add up my 1099's - I guesstimate they account for less than 30% of my income

I work in a similar manner. I do check the 1099s, however.....because thats wgat the IRS sees. So if a client makes a mistake, i ask them to amend it