reblog if you don’t lift but you still have strong muscles from carrying the weight of your sins

USA Based sex work and taxes

Okay so I imagine I’ll be updating this over the coming weeks/months, but here are some sites that I’ve found that contain information regarding sex work and taxes (which you should all be doing if you make over 3K annually, which I hope and trust that you are!) You don’t want to get hit with a 6 figure bill and/or jail time at some point over the next few years because you weren’t doing your taxes. Shoot me a message if there is anything that I should add.

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Congress has established something of a safe harbor for people reporting income from illegal activities. The IRS may not disclose tax returns to law enforcement authorities unless the individual in question is already under investigation for wrongdoing. In other words, police can use a tax return in their investigation, but it can’t be the initial tip. The opposite is not true: Local police can, and do, notify the IRS that they have uncovered a prostitute or ring of prostitutes who may have violated the tax laws.

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Things you need to file if you are an independent contractor stripper/model/performer/camgirl, an escort, sensual touch provider, etc:

Form 1040

Schedule C for income from a business (you are a business)

Form 8829 for home office deduction (you have a computer in your home where you’re doing business, yes?)

Your receipts for work-related supplies, travel, and other expenses

Records of your income

Even if you lack accurate records, give it your best shot and file. Even if you can’t pay right now, file. Even if what you do is illegal, file (you don’t have to write down what you do. We are all “entertainers”). Read this piece over at the Awl for some good reasons why you should file no matter what. It’s so, so much better to have YOUR realistic numbers than to have the IRS say, “Hey, we have this 1099 from your club, where you sold $1500 in VIP rooms, so we’re assuming that was a normal night for you, so we’re calculating your tax debt based on that,” or “Well, we saw on this 20/20 special about escorts that $2000/hour is a rate people pay in New York, so let’s start there.”

http://titsandsass.com/five-reasons-sex-workers-file-their-damn-taxes/

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FAQ’s ABOUT GIFT TAXES

http://www.irs.gov/Businesses/Small-Businesses-&-Self-Employed/Frequently-Asked-Questions-on-Gift-Taxes

The link above contains information regarding gift taxes. You may also find additional information in Publication 559 or some of the other forms and publications offered on our Forms Page. Included in this area are the instructions to Forms 706 and 709. Within these instructions, you will find the tax rate schedules to the related returns. If the answers to your questions can not be found in these resources, we strongly recommend visiting with a tax practitioner.

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http://www.slate.com/articles/news_and_politics/explainer/2009/09/how_do_prostitutes_pay_their_taxes.html

They report their income on IRS Form 1040 Schedule C (PDF) and pay self-employment tax in addition to ordinary income taxes. Sex-worker advocacy organizations regularly receive requests for tax advice. Some prostitutes, for example, might need help with the first line on the form—which asks the filer to identify her profession and service offered. It turns out that the Fifth Amendment privilege against self-incrimination permits a prostitute to leave this line blank or provide a vague answer like “sale of leisure services.” The form also requires the filer to select a code for line of business. The ACORN employee recommended 711510 (“independent artists, writers, and performers”), but 713900 (“other amusement and recreation services”) and 812990 (“all other personal services”) would have been equally appropriate.

Successful prostitutes may claim to be working in a related field, like nursing or psychology. There are some powerful incentives for these women to file: If a high-earning prostitute wants to buy a house or a car or sign up for a credit card, she’ll need to report some income. One way to do that is to get a degree or license of some kind and then claim income for a related service—for example, therapy. For high-end prostitutes, the fear of being caught evading taxes has more to do with reputational damage and harm to their business than legal penalties.

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Invaluable resources:

http://www.swopusa.org

http://www.slate.com/articles/news_and_politics/explainer/2009/09/how_do_prostitutes_pay_their_taxes.html

saving and filing away for my future professional hoeing

katherinehenson (via foreverugh)

female safety > male feelings

I will forever be obsessed with him. Next time he’s in Miami I’m making it my mission to find him 😩😩

OMG

Baeeeee

*insert Rick Ross grunt*

When yo pussy freshly shaven and you just look down at it like “Damn, ain’t nobody here to lick you tf up rn, sorry. You looking real good though shawty”

where is drake I need him

they didn’t text you back because they didn’t want to ok??? go do a clay mask its fine

when drake and future think they about to get your coins but you got the apple music 3 month free trial >>>

I just died 😂😂😂

If I had $1 for every woman who found me unattractive, eventually they’d find me attractive

#SDs basically

LOL ACTUALLY

they should have a tinder for friends like hey girl wyd wanna drink wine and get our nails done