Do Escorts pay income taxes?

[swallowU]

It's a question that I've been daring myself to post for awhile now...

 

I wonder how many of the Escorts that post on this site pay income taxes on their earnings....

 

being a tax man I think it would be quite funny to prepare some of the more popular escorts returns...

 

"so Mr. Munroe.. you are claiming a business expense of $ 8,107 for lube and $ 8,526 for condoms?"

 

"I'm sorry Matt_Vancouver, your dildo expenses can't be deducted.. personal use isn't a business expense"

 

Any Escort care to answer ?

 

 

 

 

 

:9

[Rod Hagen]

I do. But I'm also a personal trainer, so I simply pay on that. I could probably save myself a few thousand a year by deducting mileage, computer and similar shit like Aaron Lawrence advises, but I'm too lazy and can't be bothered. 3k/year vs. an entire year of annoying record keeping? No contest there.

 

When I was an engineer, the escorting was just pocket, deep pocket, change.

[Guest Derrick]

I too wondered about this when I first started, but , Thank God, have

a friend that has professional expertise in money laundering and he

advised me:

 

#1 * Golden Rule *

 

Use the money to pay off debt! He said when most of us young things

do that we dont have all that much left so it won't start sounding

bells off in IRS HQ.

 

#2 * Golden Rule *

 

Never, I mean NEVER, deposit more then $9,000 or the bank will start

watching you.....he said to remedy this, have several accounts in different banks.

 

If you have specific questions I'll be happy to ask him.

 

Derrick

[N.N.]

> If you have specific questions I'll be happy to ask him.

 

I have a question. If he evades paying taxes,

ask him why he doesn't leave the country rather

than freeloading off the services it provides.

 

If he doesn't cheat on his taxes but just offers

helpful hints to others on how to do so, ask him

why he is keen on encouraging people to live on

the backs of himself and others.

[RM]

I don't understand why anyone would want to know whether escorts pay taxes. Does anyone question whether engineers, doctors, waiters or saloonkeepers pay income tax? Has anyone asked SwallowU whether he pays income tax? Income, from whatever source, is required to be reported to the Internal Revenue Service unless the Internal Revenue Code specifically exempts it.

 

If you want to know how an escort fills out his tax form, you might ask whether he performs an Other Amusement & Recreation Service or a Miscellaneous Health Care Service.

 

Lube and condoms come under the category of "supplies."

 

For computer expenses and other small items, if you don't keep records, just review your checkbook/credit card statements and make an educated guess. And don't throw those statements away.

[Guest]

>I don't understand why anyone would want to know whether

>escorts pay taxes. Does anyone question whether engineers,

>doctors, waiters or saloonkeepers pay income tax? Has

>anyone asked SwallowU whether he pays income tax?

 

I would guess that a person would want to know whether an escort pays taxes because most escorts probably have the option of not declaring all or at least some of their income, and it could be difficult to prove they made it. It's unlikely people would question the other occupations you mentioned because their income is readily apparent and cannot be hidden entirely (although my guess is that there's some fudging on waiters' income, since some people tip in cash, especially in bars). I don't know whether anyone has asked SwallowU if he pays income tax. Probably not if he has a legal job. I can guess, however, that if he's asking the question, it's because he does pay his income taxes.

To get back to the question, I have asked this question from several escorts myself. I've yet to meet one who reports all of the income, although some are wise and report a good deal or even most of it. I did talk to one escort recently (who doesn't frequent this site), however, who not only did not report any of it, but actually collects nearly $2000/mo in Social Security and state disability payments (he developed a disabling condition). He was lucky to have 15 years of legal work/tax paying behind his belt so he could get these payments.

On the other hand, there's a certain escort we know who apparently didn't report any income, and now can't collect any disability payments despite having become disabled (so they say). Oh well. He has friends who'll help him out, right?

[N.N.]

>I don't understand why anyone would want to know whether

>escorts pay taxes.

 

All other things equal (which they never are; escorts are

not fungible) I would rather hire an escort who has a

sense of ethics and responsibility than one who does not.

[swallowU]

Yep, I do pay income taxes. Besides teaching and having a small tax practice, I have a full time job in the financial industry.

 

The gentleperson that advises never to deposit more that $9,000.00 in a bank account to avoid bank detection needs to be aware of the Bank Secrecy Act and reporting of suspicious transactions. Many other factors come into play that can (and do) cause transactions to be reported that are even UNDER the 'infamous' $10,000.00 'rule'.

 

Unicorn, you do raise a very interesting point. Escorts paying income taxes on their earnings would (and do) have their earnings count towards Social Security and disability. It never hurts to plan for the future. :-)

[Guest]

I don't know how you would determine an escort's integrity and sense of responsibility before even meeting him, let alone after. I mean, the reviews will only advise you of the escort's behavior towards the client. I can't imagine an escort answering (truthfully, let alone at all) your questions regarding his income tax payments and health insurance payments before you even meet him. Even after your encounter, an escort without integrity would be more likely to lie to you anyways, especially if you hinted at a judgmental attitude.

As I mentioned previously, I've yet to meet an escort who pays taxes on most of his income, although some pay a fraction. The fact that no escorts have chimed in so far should also be a hint. Don't get me wrong. Some escorts are very nice guys. As a whole, however, they tend not to be paragons of good citizenship or models of integrity.

[Guest jizzdepapi]

fuck no, why should escorts pay taxes?

 

1) escorts are prohibited from offering sex for money. they can only provide companionship. companionship--read hanging around--is not an occupation, therefore not taxable.

 

2) first, i think the escorts should stop paying taxes, then Enron, then unionized workers, then illegal aliens (the earthbound ones), then lawyers, then everybody. then we should all storm D.C. and tell them to stop wasting our money.

 

3) then, i have to fight serious efforts to have me expelled from the M4M Message Center.

 

4) then, i go back in my corner, but not without a good tussle.

 

that's my take,

jizzdepapi

[Guest jizzdepapi]

cum tax

 

p.s.: well, maybe if the escort cums, then the client should pay a sales tax.

 

not sure on this one,

jizz

[BewareofNick]

RE: fuck no, why should escorts pay taxes?

 

>1) escorts are prohibited from offering sex for money. they

>can only provide companionship. companionship--read hanging

>around--is not an occupation, therefore not taxable.

 

jizz, I see that you have been smoking extra crack this weekend. Escorting is indeed a legal occupation. There are many 'legitimate' escort agencies out there that are licensed by state and local governments.

 

>2) first, i think the escorts should stop paying taxes, then

>Enron, then unionized workers, then illegal aliens (the

>earthbound ones), then lawyers, then everybody. then we

>should all storm D.C. and tell them to stop wasting our

>money.

 

Storm DC? Hmmm. I thought you were done with your vendetta against Ethan? Or is this just your way of covering up a covert visit to see the little guy because youa re secretly in love with him?

 

>3) then, i have to fight serious efforts to have me expelled

>from the M4M Message Center.

 

Well, let's see..DADDY!! I want jizz banned!!

 

>4) then, i go back in my corner, but not without a good

>tussle.

 

Ahh yes, you just need Ethan to bang that filty hole of yours, that's what this is all about, isn't it? God, that makes me so hot...

 

TT..I mean, Neal

[Guest jizzdepapi]

Don't Cry For Me, M4M MC!

 

>jizz, I see that you have been smoking extra crack this weekend. Escorting is indeed a legal occupation. There are many 'legitimate' escort agencies out there that are licensed by state and local governments.

 

actually the only crack i am intimate with at the moment is that of Dano. See "lick this" thread for more and go ahead and stroke it, you dirty dog. Regarding your next assertion, obviously more than one entity at a time cannot be legitimate and since we need escort agencies, i will posit that it is the governments that are bogus. why pay taxes to bogus entities? there; i rest my case. besides, if escorts don't have to do the dishes, like home companions, then they do not have a legitimate occupation but more clearly a legitimate existence. it's a subtle difference, i'll admit but i'm sure you can get it if you keep your head out of Dano's crack.

 

>Storm DC? Hmmm. I thought you were done with your vendetta against Ethan? Or is this just your way of covering up a covert visit to see the little guy because youa re secretly in love with him?

 

>i'm sure everyone is hoping i'll pass on this part of your post. they are lucky. actually, i am just very sad about the whole affair. incidentally, you have just been revealed as both a dirty dog and dirty instigator.

 

now, if you want to talk about storming D.C., please let me know.

 

>Well, let's see..DADDY!! I want jizz banned!!

good luck, honey. Daddy has let me know that he some interest in spanking a tender, supple pair of buttocks, which i have just happened to mention are his if he wants them.

 

>Ahh yes, you just need Ethan to bang that filty hole of yours, that's what this is all about, isn't it? God, that makes me so hot...

 

i would be wise to be in great fear if these supple (possibly bleeding if daddy had his way) buttocks were raised in the air as a target for DC's mighty member. not necessarily a turnon for me but never say never.

 

>TT..I mean, Neal

 

good luck to all of you and good luck with the bed-wetting incidents, as well

 

best,

jizzdepapi

 

--some of the truth, injustice, and hassling anyone who doesn't see things EXACTLY the way i do. --

[BewareofNick]

RE: Don't Cry For Me, M4M MC!

 

>actually the only crack i am intimate with at the moment is

>that of Dano. See "lick this" thread for more and go ahead

>and stroke it, you dirty dog. Regarding your next assertion,

>obviously more than one entity at a time cannot be

>legitimate and since we need escort agencies, i will posit

>that it is the governments that are bogus. why pay taxes to

>bogus entities? there; i rest my case. besides, if escorts

>don't have to do the dishes, like home companions, then they

>do not have a legitimate occupation but more clearly a

>legitimate existence. it's a subtle difference, i'll admit

>but i'm sure you can get it if you keep your head out of

>Dano's crack.

 

Wait. Who's the one with their head up Dano's crack? I am thinking you have it further than just his crack.

 

>>i'm sure everyone is hoping i'll pass on this part of your post. they are lucky. actually, i am just very sad about the whole affair. incidentally, you have just been revealed as both a dirty dog and dirty instigator.

 

Dirty Dog?? How dare you, sir!! In all the time you have been posting here, I have thought of you as many things, but never as an animal hater. I am quite frankly, shocked. Consider yourself on report to the ASPCA!!

 

Oh,and I ahve never insitgated ANYTHING in my life. Just ask Nick.

 

>good luck, honey. Daddy has let me know that he some

>interest in spanking a tender, supple pair of buttocks,

>which i have just happened to mention are his if he wants

>them.

 

Since when are you an escort? Oh, I get it, you don't chrage for your services, so that would make you a whore... God, I can just see it. You walking down the street in your best pair of fuck me shorts. Wearing one of those belly shirts (and of course, in your case, it really lives up to its name) making googly eyes at every man and boy that walks by. I can see you leading them into your filthy stinkhole of an apartment: Half eaten Ho Hos and Twinkies everywhere (of both the Hostess and human varieties) and then having them get caught in your black hole, never to be seen again due to its tremendous gravimetric pull.

 

>i would be wise to be in great fear if these supple

>(possibly bleeding if daddy had his way) buttocks were

>raised in the air as a target for DC's mighty member. not

>necessarily a turnon for me but never say never.

 

Like you'd ever say no to a man

>

>>TT..I mean, Neal

>

>good luck to all of you and good luck with the bed-wetting

>incidents, as well

 

I have not wet the bed in several months, thank you.

 

And deej!! DO NOT even think about censoring this post!!

[Guest jizzdepapi]

back to normal

 

BoN: sad to say i took my meds and they have fully taken effect.

 

i am now busy helping papi with his tax returns for the past several years. good thing we make a fresh notch in his bedpost for every date.

 

best,

jizz

 

--platitudes, anarchy, and off to havana if i'm harassed!--

[BewareofNick]

RE: back to normal

 

Glad to hear it, jizz. If you need any further help with your meds or your taxes, please feel free to ask

 

And thank you deej, for not censoring my post

[Guest doc]

Any client who has paid $600 or more in a year needs to mail a Form 1099 by January 31, 2002, to the escort indicating the amount paid for services rendered. That is, if you are going by the book.

 

Also, it would be in the best interest of the escort to pay taxes, not only for the benefit of social security, but to help minimize the chances of the IRS doing an audit. If you are ever audited, pray that they do not consider a source and applications of funds audit. Bad news.

[Guest DevonSFescort]

>The fact that no escorts have chimed in so far

>should also be a hint.

 

Well, it should at least be a hint that we can't win no matter what we say on this one. If we say that we don't pay taxes, we're dishonest. If we say that we do, we must be lying. Especially if you're starting with the assumption that...

 

>Some escorts are very nice guys. As a whole, however, they tend not >to be paragons of good citizenship or models of integrity.

 

If we swim, we're witches; if we drown, we're dead... :o

[Guest Thunderbuns]

>Also, it would be in the best interest of the escort to pay

>taxes, not only for the benefit of social security, but to

>help minimize the chances of the IRS doing an audit. If you

>are ever audited, pray that they do not consider a source

>and applications of funds audit. Bad news.

 

I think if I was an escort (an occupation that I have from time to time considered) I would handle the tax situation as follows.

 

(a) Submit a return, declaring enough income so that my monthly expseses are covered, thereby hopefully preventing an in-depth audit.

 

(b) The balance of my income I would stash in $100 bills in safety deposit boxes, at several banks. If you collected the money and only made a deposit monthly, and you used 6 banks, you would only have to visit each one twice a year thereby avoiding close scrutiny.

 

I know you would then miss collecting the interest on same, but let's face it - these days bank interest sucks anyway.

 

A further benefit of doing this is that it is almost a forced savings plan. After a few years of operation, you could have amassed quite a little pile.

 

Thunderbuns

[N.N.]

>I don't know how you would determine an escort's integrity

>and sense of responsibility before even meeting him, let

>alone after.

 

Sometimes the escort makes it easy to determine.

I once had a conversation with an escort that went like this:

 

(esct) I got busted for jumping a turnstile in the subway.

(N.N.) How come you didn't pay your fare?

(esct) I think public transportation should be free.

(N.N.) Where's the money gonna come from to pay for it?

(esct) From taxes.

(N.N.) Do you pay tax on your income?

(esct) No.

[Rod Hagen]

> The fact that no escorts have chimed in so far

 

Hey Sherlock, scroll UP!

[Guest]

>> The fact that no escorts have chimed in so far

>

>Hey Sherlock, scroll UP!

 

Oops! You're right. One escort did chime in to say that he did not pay any taxes on his escorting income. And while we're on the subject of integrity, how many years old is that picture next to your name?

[NickAtNight]

With running an agency, you have to pay taxes, escpecially operating out of a major metropolitan city. Premier in Philadelphia has been incorporated and paying taxes for over 15 years now and probably the biggest reason we're still around is we PAY OUR TAXES - City, State & Federal. We even pay 7 percent Sales Tax - 6% State and 1% City. In the state of Pennsylvania "Escort Services" ARE subject to Sales Tax. Although they never actually stated if they were legal or not, they ARE subject to Sales Tax and the City and State cash my checks quite promptly every month.

 

As far as escorts paying taxes, all of our escorts are employed as sub-contractors and are 1099'd every January for the previous year. All of our escorts are encouraged to file a return by April 15th. We even have an ex-escort that is an accountant and does personal tax-returns every season and he posts a notice in our escort lounge every January. About 80 perscent of our guys use him as he used to be in this business and offers them some excellent advice about filing. Plus he's quite HOT - which always gets them to call promptly!

 

I won't sit here and tell you that every one of our guys DOES indeed file, but a good portion of them do. I've explained to them that showing income on paper helps a Great deal when trying to get an apartment, buy a car or even buying a house. We've had many escorts use Premier as a reference and when the bank calls to veryify income, we simply fax them a printout of all their past paychecks and they're usually always approved.

[Guest regulation]

Nick, thanks for that interesting insight into the operation of an agency.

 

Jizz, please consider that when you post on a subject of which you know nothing, like tax law, you may confuse or mislead people who actually take your posts seriously. Illegal transactions are NOT, repeat NOT, exempt from federal income tax. Those who are caught engaging in insider trading of securities, for example, often find themselves hit with a double whammy. They are obliged to return any profit made on the illegal transaction, but at the same time they are liable to pay income tax on any income from that transaction.

 

A prostitute, drug dealer, or anyone else who derives much of his income from illegal transactions can file an individual return in which he declines to disclose his occupation but declares the correct amount of income and pays the correct amount of tax. I won't tell you that such returns don't sometimes raise eyebrows at IRS, but so long as all statements on the return are truthful the filer can't be charged with any crime under the tax code.

[Rod Hagen]

>Oops! You're right. One escort did chime in to say that he

>did not pay any taxes on his escorting income.

 

Hey stupid, I said-above your post saying no escort has chimed in-that I DID pay taxes.

 

>And while we're on the subject of integrity, how many years old

>is that picture next to your name?

 

I never claimed to have integrity, asshole.

 

That picture is just over 2 years old. Pictures from just a couple months ago are on my webpage (see profile), on the muscleservice competition, and in a very long thread in the Deli from a few months ago.

 

Anymore stupid and inaccurate things you'd like to say or suggest?