Do Escorts pay income taxes?

[duke37]

Unicorn,

 

Do you have any facts to go with the allegation you posted in your last paragraph? I am very interested to hear them.

 

Jeff

[Guest Tampa Yankee]

Isn't this somewhat of an indelicate question??:o

[swallowU]

Regulation is absolutely correct on this.... illegal activities are not exempt from income tax.

[Guest]

>>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.

 

What you said is that you simply paid taxes on your income as a personal trainer. I think we can add 2+2 and deduce that you don't pay any taxes on your escorting income.

 

>I never claimed to have integrity, asshole.

 

I'm glad we established that. :*

 

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

>suggest?

 

Yes: "Anymore" is one word in your sentence.

That's it! I don't have anymore to say!

:7 :7

[RM]

I hope every one of your contractors files an income tax return that shows the income they received on the 1099 that you gave them in January. You are required to send a copy of that 1099 in February to the IRS, who will compare that income to the income shown on their tax return. They won't like the penalties and interest that they are required to pay on the income and social security tax that they fail to pay.

[RM]

At least you can get a deduction for repaying stolen profits - but you have to take the deduction when you repay.

[Guest deRegulation]

Who cares if a hooker pays taxes or not? I've known some who do(they told me unsolicited)and others who don't. I saw my favorite escort over 40 times last year. Should I put him on the payroll? Does this have ANY relevance to hiring an escort? Not for me, baby! As long as my escort can pound me with that 9 1/2 incher, I don't care what he

does with his hard-earned money.;-)

[Guest creosote]

>Who cares if a hooker pays taxes or not?

 

Including you and me, there are seventeen people who cared enough not only to read this thread but also to post in it. So far.

 

>I've known some who

>do(they told me unsolicited)and others who don't. I saw my

>favorite escort over 40 times last year. Should I put him on

>the payroll? Does this have ANY relevance to hiring an

>escort? Not for me, baby!

 

Actually it does have some relevance for you. If you hired a single escort over 40 times last year you probably paid him enough to require that you file a Form 1099. If you ever get audited for that year the IRS will be asking you about that.

[swallows22]

I don't even know why this question was asked. We "johns" have been lectured "ad infinitum" how escorts are just like every other professional and that is why they can charge $200 an hour. How dare you posters assume that they are not reporting all their income and paying income tax as well as self-employment tax just like every other professional.

Unfortunately, as one who prepares income tax returns for ex-patriates, it is heart-breaking to see someone at age 65 who is one or two quarters short to draw social security.

Not to be didactic, but please get your 40 quarters in. Cheers!

[Guest Thunderbuns]

>Actually it does have some relevance for you. If you hired

>a single escort over 40 times last year you probably paid

>him enough to require that you file a Form 1099. If you

>ever get audited for that year the IRS will be asking you

>about that.

 

If the payments were in cash, as I presume most payments to escorts are, then how would the IRS ever know?

 

Thunderbuns

[Guest creosote]

>If the payments were in cash, as I presume most payments to

>escorts are, then how would the IRS ever know?

>

>Thunderbuns

 

The answer is in doc's post, number 16 in this thread.

[Guest regulation]

Missing Posts?

 

I'm curious. Where are posts ## 34 and 36 in this thread?

 

Any ideas, Jeff? :-)

[Losgatan]

RE: Missing Posts?

 

Jeff asked Hooboy to remove at least one of them. Apparently Hoo complied.

[Guest regulation]

RE: Missing Posts?

 

>Jeff asked Hooboy to remove at least one of them.

>Apparently Hoo complied.

 

Thanks for the information. It appears that Jeff mistakenly answered a post addressed to "deRegulation" using his "JeffOH" screen name instead of "deRegulation." It was awfully nice of HB to let him correct his error by deleting his post.

[+ deej]

RE: Missing Posts?

 

>Thanks for the information. It appears that Jeff mistakenly

>answered a post addressed to "deRegulation" using his

>"JeffOH" screen name instead of "deRegulation." It was

>awfully nice of HB to let him correct his error by deleting

>his post.

 

An author may request to have his own post deleted at any time. You have the same right.

 

For the record, I'm the one that did the deed this time.

 

But now you know why we generally dislike deleting posts. It just sets off the whiners and complainers.

 

Now, take any complaints about the way this site is run to the forum dedicated to just that before Daddy whisks this thread away to that forum as well.

[Guest jeffOH]

RE: Missing Posts?

 

>>Jeff asked Hooboy to remove at least one of them.

>>Apparently Hoo complied.

>

>Thanks for the information. It appears that Jeff mistakenly

>answered a post addressed to "deRegulation" using his

>"JeffOH" screen name instead of "deRegulation."

 

BUSTED! Oh, well, I am not as experienced posting under more than more than one identity. Any tips would be greatly appreciated.;-)

 

 

JEFF

jeff4hire@aol.com

[Guest Casey]

RE: Missing Posts?

 

>An author may request to have his own post deleted at any

>time. You have the same right.

>

>For the record, I'm the one that did the deed this time.

 

>But now you know why we generally dislike deleting posts. It

>just sets off the whiners and complainers.

 

>Now, take any complaints about the way this site is run to

>the forum dedicated to just that before Daddy whisks this

>thread away to that forum as well.

 

Dear moderators,

 

Please don't consider this post as a complaint because it is not. I think everyone wants to have something clarified. I've gone to read the message center rules but nowhere can I find anything about an author can request to have their own posts deleted. Maybe I've missed something but the only thing I can find about moderators deleting posts is the one described below,

 

"Moderators will delete messages either in the queue or from the board itself if they are perceived as violating one of the two basic rules listed above. Moderators will not delete messages that do not violate the guidelines."

 

Would you please kindly inform us whether there has been a recent change in the message center policies/rules? Perhaps an update of the rules would be helpful. Thanks in advance.

[+ deej]

RE: Missing Posts?

 

Good point. I will take your suggestion to management.

 

If a change in the rules is warranted (and I think it is) then we'll post it shortly.

[Guest DevonSFescort]

Thanks to all who've had practical advice to offer on this thread. Couple of things:

 

1) If anybody knows of an escort-friendly accountant/tax preparer in San Francisco, please either email me or send me a private message.

 

2) Any tips on what to put for 'occupation?' Model? Or maybe massage therapist? I assume the IRS doesn't check to see if you're licensed -- do they? Would there be any bad reason to put that on your tax returns if you're not licensed -- could that come back to haunt you? I'm just thinking of a situation like buying a house or something similar where they'd look at your tax records, and 'escort' might not look so great.

[+ deej]

>Any tips on what to put for 'occupation?'

 

There's a whole genre of whores out there who call themselves "consultant". :9

 

(That's what mine said for the better part of 10 years!)

[Guest DevonSFescort]

>>Any tips on what to put for 'occupation?'

>

>There's a whole genre of whores out there who call

>themselves "consultant". :9

>

>(That's what mine said for the better part of 10 years!)

 

Huh. I had no idea that really works.

[RM]

List anything you want as occupation - or even leave it blank. The IRS doesn't care. Schedule C for business income has a 6 digit code that you enter to describe your business activity. If you leave that blank, the IRS processors will guess a code for you. None of the codes fit escorts very well.

 

The IRS has no interest in whether you are licensed to perform your service. The main interest is that your tax return adds up, and that the tax is paid. Also that all your income is reported. Unless you receive W-2s, 1099s or other IMPORTANT TAX DOCUMENTS, the IRS is extremely unlikely to know what your income is. Very few tax filers are chosen for audit, but it is possible, although unlikely, for an auditor to determine income by checking your banking and other records. In that case, there is a presumption that if you made payments such as mortgage payments, credit card payments, etc, you must have an income to make the payments. Auditors usually check that expenses are legal and documented.

 

I talked to a banker yesterday - he said his customers often amend their income tax returns to show a higher income so they will qualify for a loan. So report all your income so that the banker will give you a loan. The banker will ask you your occupation, so whatever you tell him is what should be on your tax return. Almost no one can look at your tax return unless you provide a copy. If you are self-employed, a tax return is about the only way to verify your income.

[Guest]

>2) Any tips on what to put for 'occupation?' Model? Or

>maybe massage therapist? I assume the IRS doesn't check to

>see if you're licensed -- do they? Would there be any bad

>reason to put that on your tax returns if you're not

>licensed -- could that come back to haunt you? I'm just

>thinking of a situation like buying a house or something

>similar where they'd look at your tax records, and 'escort'

>might not look so great.

 

I would put down "model." "Masseur" wouldn't be too bad either, and I doubt the banker would ask to see your license. With "model," though, the issue doesn't even come up. The IRS definitely doesn't care about anything except that you pay taxes on your income. They have extremely strict confidentiality policies for just your situation. They don't want to discourage people from reporting income just because it wasn't obtained legally. After all, what got Al Capone in jail wasn't the fact that his income was illegal, but that he didn't report it to the IRS. They didn't even prosecute him for his illegal liquor sales, extortion, and so on. I have a friend who works for the IRS, and he almost got fired even though he obtained tax records for the taxpayer himself (i.e. the person getting the records was the taxpayer himself, and was authorized to have it). He got in trouble just because he didn't go through the proper channels (my friend was put on probation).

Anyways, I congratulate you on doing the wise and honest thing in filing your taxes! :-)

[Guest in yer face]

Is it any of your frigging business?

 

Watching this thread has been an interesting study in American psychology. It has never been so clear to me how much we depend on "the rules" to define us. It's as if by following the rules, (in this case, taxes) we are not only better than the rest, but absolved of any of our own trespasses. I find it laughable that there was actually somebody questioning the integrity of escorts, while themselves lurking in escort chat rooms. Perhaps if you rag on the possiblity that escorts are not paying their share, you won't feel so bad about your own longing to have one of those big dicked, hot, rule breaking rebels ripping your ass up.

 

What I dont find so amusing is the danger that this thread poses to the escorts on this site. Dont you fools know that the IRS is looking for conversations just like this one to decide were to find people. Heidi Fleiss got the first attention leading to her bust for saying something stupid like "I make more money than the IRS."

 

Let me let you in on a typical scenerio for an escort. The escort starts young, around 22 or 23. They are making cash, and dont know a thing about the IRS, filing quarterly,none of that. The assumption is that they are doing something illegal, and therfore there is no way to pay taxes on it. This goes hand in hand with the feeling that they are somehow outside of "the system" by being gay, escorts, occasionally drug addicts (a big part of our world) and HIV positive (another dirty little secret about most escorts). This goes on for a few years, and around 28 or 29 they start to realize that maybe they were supposed to be somehow paying. By the time they reach thirty and get biten by the "responsiblity bug", it's panic time. After 7 or 8 years of making unreported income, the possiblity of of getting back "in the system" seems hopeless. What to do? If you get caught, you could not only get nailed to the wall, but also receive jail time. Is it possible to get a real job and just start filing again without getting raked over the coals?

 

Doesnt sound like fun, does it? Perhaps all of you judgemental fools should be a little more open minded to the big picture. Perhaps some truly helpful advice from some tax attorneys about the best course of action. One thing that I have noticed is a real lack of empathy and a whole lot judgemental lollygagging. In fact, most of the little tidbits about tax law that Ive seen posted so far are just plain wrong. If you dont know what you are talking about, keep it to yourself. If you feel the need to question anyones integrity, look at Enron. Lots of rich white men that you might have looked at very respectfully just a few months ago, and look at what they really were. In the meantime, its not uncommon for escorts to volunteer their own time in HIV clinics, outreach programs, etc because they have free time. When was the last time that you did anything good for the world Unicorn (other than pay your taxes and bitch?). Perhaps you'd like to post your last years return for all of us to see?

 

And for all you self loathing, mental masturbating, finger pointing, rule worshipping jack asses that feel a need to tear down escorts because you got fucked by one last night and liked it too much, may I suggest a shrink. But for god sakes, stop posting about this. Also, for you escorts that may be behind in your taxes.. If you are ever contacted by the IRS, by phone, or by mail, politely but firmly advise the agent that you will be needing legal counsil. DO NOT ANSWER ANY QUESTION! Even a simple yes or no can screw you. Find the best attorney that you can afford to contact the IRS as your represenative.

[Guest creosote]

RE: Is it any of your frigging business?

 

I have seen plenty of good advice as well as some bad advice, like the advice about how to conceal or disguise your income, in this thread. The best advice for anyone in this situation is to report your income accurately and pay the correct amount of tax. If you haven't done that in the past then the longer you continue the bigger the problem becomes. If you file a return and you haven't filed returns in the past IRS may come back to you about that but the fact is people rarely get prosecuted just for failure to file. Most investigations and prosecutions of that type start because IRS has 1099's or information from other sources that you have income you have not reported, which would not be a big problem for most escorts.

 

I think the people who talk about not living off the taxes of others have a point. The country is at war and from what I heard last night it isn't going to be over soon. I don't feel like paying my taxes so that others can be protected by our military when they could pay but prefer not to. I don't care whether those people are corporate executives or escorts.