How so escorts handle the mundane yet pricey aspects of living? Such as...

[craigville beach]

Just an observation. In Massachusetts under Romney Care, the total cost of a 2 person family plan per month, under a group plan, is $1100 with Harvard Pilgrim. This is before any employer contribution.

[Guest JackF]

A). I pay $525 each month for health insurance~

B). I invest diversely.

C). I declare everything and keep it all above board~ The gov takes quite the percentage~ I file quarterly. There is nothing illegal about being an Escort/Companion.

 

 

How do you file with the government/IRS when you do? I saw one guy mentioning using the code "9999" as Consultant. I'm curious about this when tax season does roll around here in a few months....

[+ deej]

How do you file with the government/IRS when you do? I saw one guy mentioning using the code "9999" as Consultant. I'm curious about this when tax season does roll around here in a few months....

 

What do you mean "how do you file"? Self-employed individuals have been doing this since the IRS was invented.

 

A self-employed contractor who remodels kitchens files the same way a self-employed escort who swings from the chandelier. The list of deductible occupational expenses may differ, but the process of filing taxes is the same for the self-employed in all walks of life.

[DCTopGuy]

Yep. When I was a consultant doing grant writing and such, I just had to file as self-employed. The only tricky thing for me was projecting how much I thought I'd make in the coming quarter. I imagine it would be the same for anyone who's self-employed, escort or no.

[robberbaron4u]

In my experience, few "professionals" are prepare themselves for life after escorting. The one Bugatti Boy with whom I had a long association, not as a client but as a friend, ended his days in a somewhat run down shot gun house at New Orleans, the lover of a man who beat him to a bloody pulp on a regular basis; at the height of his popularity in the early 1980s, he had commanded a fee as high as $10,000 with an international clientele. "James Jordan", the delight of Atlanta's affluent fellow travelers at one time, retired to a "weekly rate" motel apartment in Ft. Lauderdale, and, eventually, washed out to sea on a tide of "bad dope". Always preppily dressed by Brooks Brothers, James's prop was the daily edition of the Wall Street Journal; he should have devoted some time to reading it. A "steady date" of my own, who reaped $100,000 and car from a client in south Florida in the course of one year's work, is, at forty-one, unemployed, penniless, and facing eviction from his apartment for non-payment of rent; presently, he peruses Craig's List for B&G hookups at whatever fee he can get. Fortunately, there are some "success stories": Jaime Lee, "The East Coast Boy", retired at the height of his popularity with money in the bank and a paid-off house, and, he is now living in comfortable retirement; "Kyle Gibson", yet at work, has a respectable portfolio in hand, and, title to a "sweet" little condominium unit in Los Angeles; "Jay Ganymede" and "The Cadet", too, "put away" some money from their earnings, and, by report, they are doing well in "real life" as men of the professions.

[maxwellissmart]

With that vast difference, I think Tyger pays on his own--no group discounts or contributory monies. Not being nosey, but is yours a group plan through an employer who pays a percentage in addition to a lower rate?

 

Boston Bill

 

No, it's a regular individual policy. I've had the same type of insurance since leaving the 9-5 and opening a business.

[maxwellissmart]

MAX, $150 for a single a month with BC/BS sounds unbelievable. It must carry a HUGE deductible, meaning there is co-insurance costs YOU are responsible for until you have met your deductible. I also have BC/BS, but as a flex spend plan that I actually fund. No office copays, but I am still spending MY money until i reach my deductible... and it is thru my business and THAT plan costs $300 per month for a single....

 

My insurance has a $2500 ded, with a drug card that kicks in after a $200 ded is met. I did that after calculating I didn't spend that much in drugs per year, and the ones I DO buy are available in generics and aren't expensive. It ended up saving me about $150+ in premiums last year, so in essence I got a month for free. I still have a $25 copay for doc visits, and if they give me a ref for a specialist, I think it's $50. I avoid the ER at all costs, because even with reg company insurance it was like $150 copay. I think mine would be $250 right now. After the ded is met, my plan pays 80/20 up to $5000, and then 100% after that, so my OOP max is $5000, which is manageable and expected for a catastrophic emergency. I did a LOT of research in comparing plans before I picked this one.

[jjkrkwood]

My insurance has a $2500 ded, with a drug card that kicks in after a $200 ded is met. I did that after calculating I didn't spend that much in drugs per year, and the ones I DO buy are available in generics and aren't expensive. It ended up saving me about $150+ in premiums last year, so in essence I got a month for free. I still have a $25 copay for doc visits, and if they give me a ref for a specialist, I think it's $50. I avoid the ER at all costs, because even with reg company insurance it was like $150 copay. I think mine would be $250 right now. After the ded is met, my plan pays 80/20 up to $5000, and then 100% after that, so my OOP max is $5000, which is manageable and expected for a catastrophic emergency. I did a LOT of research in comparing plans before I picked this one.

 

Thats a GREAT deal, especially for a plan outside of a group. Nothing like that being offered up to us New Yorkers..... In fact the group plan I am on with my company which I described just got a 47% increase in its administrative costs, and the alternative plan they offer if you want to switch out of that plan is DOUBLE the cost of it.....