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Thread: How much do you make?

  1. #26
    Banned Eric Stoner's Avatar
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    Default Re: How much do you make?

    One thing to keep in mind : With the IRS you are guilty until you prove yourself innocent. Hypothetically the IRS could do a survey or general audit and find out what the average REPORTED earnings for dancers are in your area and then compare yours to that number.

    I've never publicly posted what I make nor would I. Why should I or anyone else do that ?

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    Default Re: How much do you make?

    Quote Originally Posted by Eric Stoner View Post
    One thing to keep in mind : With the IRS you are guilty until you prove yourself innocent. Hypothetically the IRS could do a survey or general audit and find out what the average REPORTED earnings for dancers are in your area and then compare yours to that number.

    I've never publicly posted what I make nor would I. Why should I or anyone else do that ?

    Why not whats the big deal lol
    I guess I could care less , so I can't grasp why anyone else would either .. BFD lol

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    Default Re: How much do you make?

    Ladies...unrelated, I have camming questions but Havent figured out how to post a new question/thread! Help please!

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    Default Re: How much do you make?

    Cam income is all documented via digital paper trails, 1099s issued by sites, hell--even paypal and other similar processors issue 1099s for your income. It's practically impossible to hide any money made in camming without giving the dudes your physical address, telling them to mail money to your house, and then doing the show
    I was going to let this point 'drop', but felt compelled to make a final comment. Indeed, from a typical camgirl's point of view, the vast majority of her typical income will be documented by 1099's from US based / IRS co-operative foreign webcam hosts. However, non IRS co-operative webcam hosts do exist. And, setting the personal identity related issues aside, it is indeed possible for a camgirl to receive money ( or taxable 'barter' ) directly from customers via gift cards, wish lists, etc. Thus from the point of view of the IRS, camgirls DO have undocumented income channels available.


    One thing to keep in mind : With the IRS you are guilty until you prove yourself innocent.
    Exactly. If, for whatever reason, the IRS were to claim that a particular camgirl earned say $10,000 more than her webcam host 1099's reported as earnings, how does that camgirl prove that she did NOT receive additional moneys from non IRS-compliant foreign webcam hosts, via gift cards, via 'barter' gifts, etc. ? The answer is that, technically speaking, she can't !!!

    If, for whatever reason, IRS attention were to be drawn to a particular camgirl, she's not likely to be treated much differently than a 'stripper'. As an adult industry worker, the IRS will already look upon her with suspicion given that the adult industry is a stated 'target' for increased IRS enforcement. In terms of financial credibility, camgirls can be equally 'unprofessional' in the eyes of the IRS by co-mingling business and personal banking. And if faced with a higher tax bill as 'estimated' by the IRS, she will face the same choice of settling or potentially spending tens of thousands of dollars to 'prove her innocence' in tax court. Just sayin' !!!

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    Default Re: How much do you make?

    Quote Originally Posted by Melonie View Post
    I was going to let this point 'drop', but felt compelled to make a final comment. Indeed, from a typical camgirl's point of view, the vast majority of her typical income will be documented by 1099's from US based / IRS co-operative foreign webcam hosts. However, non IRS co-operative webcam hosts do exist. And, setting the personal identity related issues aside, it is indeed possible for a camgirl to receive money ( or taxable 'barter' ) directly from customers via gift cards, wish lists, etc. Thus from the point of view of the IRS, camgirls DO have undocumented income channels available.




    Exactly. If, for whatever reason, the IRS were to claim that a particular camgirl earned say $10,000 more than her webcam host 1099's reported as earnings, how does that camgirl prove that she did NOT receive additional moneys from non IRS-compliant foreign webcam hosts, via gift cards, via 'barter' gifts, etc. ? The answer is that, technically speaking, she can't !!!

    If, for whatever reason, IRS attention were to be drawn to a particular camgirl, she's not likely to be treated much differently than a 'stripper'. As an adult industry worker, the IRS will already look upon her with suspicion given that the adult industry is a stated 'target' for increased IRS enforcement. In terms of financial credibility, camgirls can be equally 'unprofessional' in the eyes of the IRS by co-mingling business and personal banking. And if faced with a higher tax bill as 'estimated' by the IRS, she will face the same choice of settling or potentially spending tens of thousands of dollars to 'prove her innocence' in tax court. Just sayin' !!!
    So is the moral of the story essentially "cheat on your taxes, because even if you're honest, you're going to be penalized anyway"? I'm honest when I report my income, but this makes it sound like you'll get screwed over no matter what if the IRS feels like it.

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    Default Re: How much do you make?

    Quote Originally Posted by Melonie View Post
    If, for whatever reason, IRS attention were to be drawn to a particular camgirl, she's not likely to be treated much differently than a 'stripper'. As an adult industry worker, the IRS will already look upon her with suspicion given that the adult industry is a stated 'target' for increased IRS enforcement. In terms of financial credibility, camgirls can be equally 'unprofessional' in the eyes of the IRS by co-mingling business and personal banking. And if faced with a higher tax bill as 'estimated' by the IRS, she will face the same choice of settling or potentially spending tens of thousands of dollars to 'prove her innocence' in tax court. Just sayin' !!!
    The defense is records. The better your income record is, especially regular deposits into a dedicated business account and checks or other proof of expenses, the more difficult a target you will be for the service.

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    Default Re: How much do you make?

    Quote Originally Posted by JennyCouture View Post
    I'm wondering as a comparision to which sites earn the most etc...
    How much do you make per year?
    How many hours a week do you work?
    What site do you work on?
    and
    What is you biggest tip ever?

    and finally
    How many years have you been camming ?
    How much have you earned in your entire career?
    I make between $700 and $1000 a week, and I work 15-20 hours. I'm mostly on streamate and I've only been camming 6 months
    My biggest tip was $500 from a regular.
    On a side note; I'm totally fangirling right now

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    Default Re: How much do you make?

    So is the moral of the story essentially "cheat on your taxes, because even if you're honest, you're going to be penalized anyway"? I'm honest when I report my income, but this makes it sound like you'll get screwed over no matter what if the IRS feels like it.
    The defense is records. The better your income record is, especially regular deposits into a dedicated business account and checks or other proof of expenses, the more difficult a target you will be for the service.
    There are arguably two 'morals to the story' ... and neither one advocates tax evasion.

    The first 'moral' is what Eric Stoner and I both pointed out earlier ... that adult industry workers have a 'credibility' problem with the IRS. This is due to the historically bad tax compliance history of the adult industry, in addition to the availability of income sources which do not have 3rd party reporting / corroboration. As Zofia points out, when income records are self-generated and lack 3rd party corroboration, 'credibility' is improved by keeping professional business records and conducting business banking in a professional manner.

    The second 'moral' stems from the beginning of this thread ... i.e. any public statements / actions which might attract additional IRS attention increases the risk that your business and personal finances may be audited. Given the real world positioning of a dancer or camgirl being 'guilty until proven innocent' regarding IRS claims, and given the real world costs and complexities of actually attempting to prove one's innocence in tax court, it is highly probable that any camgirl or dancer who is audited by the IRS will wind up paying them additional money ( via a settlement agreement ).

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    Default Re: How much do you make?

    I guess I just meant that it's frustrating to know that the IRS can conjure up some number they deem appropriate for adult industry workers to make, and then hand you a bill for it, and if you refuse to pay it then you might end up with legal fees, even if you are being honest. If this happens to me, I guess I'll just patiently tell them that my bank account deposits match what is written on my 1099 (from Streamate in my case), and tell them they're free to look at my bank account if they don't believe me. I don't have a business account; just direct deposit into my checking, but I'm hoping that having a 1099 will give me a little more credibility in any case.

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    Default Re: How much do you make?

    Quote Originally Posted by Diamond Dust View Post
    I guess I just meant that it's frustrating to know that the IRS can conjure up some number they deem appropriate for adult industry workers to make, and then hand you a bill for it, and if you refuse to pay it then you might end up with legal fees, even if you are being honest. If this happens to me, I guess I'll just patiently tell them that my bank account deposits match what is written on my 1099 (from Streamate in my case), and tell them they're free to look at my bank account if they don't believe me. I don't have a business account; just direct deposit into my checking, but I'm hoping that having a 1099 will give me a little more credibility in any case.

    The irs cannot just estimate what they think you make and make you pay taxes on that amount ... Thats just crazy talk lol

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    Default Re: How much do you make?

    The irs cannot just estimate what they think you make and make you pay taxes on that amount ... Thats just crazy talk lol
    from

    (snip)Because the IRS claims that most tax cheats are in the ranks of the self-employed, it is not surprising that this group is more closely scrutinized than are wage earners. If you are self-employed and the IRS chooses to come after you by way of an audit -- or worse, a criminal investigation -- be aware that the agency can obtain your bank and other financial records. If you've been foolish enough to deposit unreported income in your bank accounts, an IRS auditor may know it.

    If you are investigated, expect the IRS to ask the following questions or look into the following issues:

    Did you report all of your business sales and receipts?

    Did you write off any personal living expenses as business expenses?

    Does your lifestyle apparently exceed the amount of self-employment income reported?

    Are you making payroll [ quarterly estimated - sic ] tax deposits?

    Are you reporting all cash transactions -- especially large cash transactions?(snip)


    and from

    (snip)The IRS has developed a new breed of tax audit geared toward ordinary taxpayers. It has the characteristics of a fraud examination, but goes by more subtle names: "economic reality" or "financial status."

    So far, both the IRS and Congress have largely ignored complaints of government intrusion into individuals' civil liberties and to the inferred presumption of guilt.

    Traditionally, audits focused on verifying items reported on the tax return unless fraud was suspected. The "economic realty" audit examines your lifestyle, on the premise that the way you spend is a better measure of your income than what your tax return says. The IRS believes that if you are cheating on your taxes, you probably are not hiding your money in a mattress but rather are spending it on yourself.

    With the economic reality audit, the IRS evaluates whether you can support your standard of living with the income reported on the return. The starting point is Form 4822, where you are asked to list all personal living expenses paid during the year. The form covers food, housing, utilities, clothing, vacations, alcohol and more.

    In addition, the auditor can obtain information from landlords, employers, financial institutions, credit bureaus, social service agencies, motor vehicle departments and professional associations -- all before the actual start of the audit.


    Taxpayers and tax professionals are complaining that this procedure is merely a "fishing expedition." The American Institute of Certified Public Accountants is alarmed that economic reality audits blur the distinction between civil and criminal investigations. The association also objects to the practice of auditors asking to interview taxpayers without a tax advisor present(snip)


    I don't have a business account; just direct deposit into my checking, but I'm hoping that having a 1099 will give me a little more credibility in any case.
    Undoubtedly, having 1099 documentation is better than NOT having 1099 documentation. But with the possibility of customer 'payments' via gift cards, via offshore webcam host sites which do not issue 1099's, via e-wallet services, etc. it's still impossible to prove that you did not actually earn more money than the webcam host 1099's say you did.
    Last edited by Melonie; 07-12-2015 at 04:53 PM.

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    Default Re: How much do you make?

    Honestly OP, it sounds like you started this thread more to brag abt your own success & to validate yourself via fishing for others' numbers, than w/ any real interest in improving your own circumstances. Those numbers aren't really any of your business, any more than your numbers are any of ours, or God forbid, the IRS's. If your finances are really doing so well, I fail to see what you have to gain from digging for other people's info ... unless maybe you are a plant from the IRS?

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    Default Re: How much do you make?

    Quote Originally Posted by Melonie View Post
    There are arguably two 'morals to the story' ... and neither one advocates tax evasion.

    The first 'moral' is what Eric Stoner and I both pointed out earlier ... that adult industry workers have a 'credibility' problem with the IRS. This is due to the historically bad tax compliance history of the adult industry, in addition to the availability of income sources which do not have 3rd party reporting / corroboration. As Zofia points out, when income records are self-generated and lack 3rd party corroboration, 'credibility' is improved by keeping professional business records and conducting business banking in a professional manner.

    The second 'moral' stems from the beginning of this thread ... i.e. any public statements / actions which might attract additional IRS attention increases the risk that your business and personal finances may be audited. Given the real world positioning of a dancer or camgirl being 'guilty until proven innocent' regarding IRS claims, and given the real world costs and complexities of actually attempting to prove one's innocence in tax court, it is highly probable that any camgirl or dancer who is audited by the IRS will wind up paying them additional money ( via a settlement agreement ).
    Please provide some examples of all of these strippers and cam-girls who were audited and taken to court by the IRS. Since this happens quite frequently according to you, you should have no trouble finding lots of cases.

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    Default Re: How much do you make?

    Quote Originally Posted by Aniela View Post
    Honestly OP, it sounds like you started this thread more to brag abt your own success & to validate yourself via fishing for others' numbers, than w/ any real interest in improving your own circumstances. Those numbers aren't really any of your business, any more than your numbers are any of ours, or God forbid, the IRS's. If your finances are really doing so well, I fail to see what you have to gain from digging for other people's info ... unless maybe you are a plant from the IRS?
    I didn't post my income untill someone was like " Well , why don't you start with posting yours" So I did but , only cuz someone asked ...
    So, If I wanted to "brag" don't you think I would've just started out by posting my income not just asking the question...
    If you don't want to post your income , don't but you don't have to be a cuntbag lol geez
    It's good to know where you stand in the industry , it's always good to stay in the know ..
    Nothing wrong with that ... I personally don't mind sharing income and I know alot of people who don't either so to me it doesn't seem like that big of a deal...
    Some people get there panties all in a wad about it so I figured people like you can just not post your income .. I didn't ask for your opinion on my post or if you do or do not think it's any of my business.. Thats you opinion, my opinion is it's not a big fucking deal so that is how you feel this is how I feel...
    I didn't start this post to validate my own success , ya I know I make alot of money but I don't know if it's alot for the industry.. For all I know people are making more on other sites? For a bigger %? How would I ever know unless I ask... Mabye the average income for camgirls is 500k a year and I need to step it up or try another busier site.. Thats why I asked
    I'm not fully happy with what I make but I don't know if its alot for camgirls ,if I am at a topping point or if the grass is greener.. I wonder if there is bigger money to be made on a different site..
    But I don't know what site that is ... Thats why I need to ask How much do people make? what site are they on ? This is need to know info you can't just be happy with yourself as far as business you need to keep alert for which sites are bringin in the bank , stay on top of it and always strive to grow bigger

  18. #40
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    Default Re: How much do you make?

    Please provide some examples of all of these strippers and cam-girls who were audited and taken to court by the IRS. Since this happens quite frequently according to you, you should have no trouble finding lots of cases.
    I can tell you about two specific cases involving fellow NY dancers. While these incidents happened at different times, they unfolded in a very similar manner.

    Both dancers wound up drawing IRS attention because their registration of new cars was reported by the state dep't of motor vehicles. Both received an IRS 'deficiency notice' for about $30,000 worth of additional taxes, based on an IRS 'estimate' that their actual earnings level for each of the past 3 years must have been ~$25,000 per year higher than they reported on their tax returns. This 'estimate' was arguably the result of an IRS assessment that the apparent costs of maintaining their 'lifestyle' ... from the purchase of a 'nice' car, to purchases at upscale retailers shown on credit card statements, to renting a decent apartment, to the comparatively high costs of groceries, utilities, local taxes etc. in the NY area ... could not have been possible without the existence of additional unreported income.

    While these dancers were still contemplating what to do about the 'deficiency notice', they discovered that they could no longer access their bank account balances thanks to an IRS 'freeze'. They also discovered that any 'new' funds transferred into their bank accounts were also subject to the IRS 'freezing' the new money before they could withdraw it. With insufficient 'cash' available to pay a tax attorney / accountant on top of paying their rent and other costs of living, they had little choice but to accept a 'settlement' offer from the IRS which resulted in them paying something like $20,000 in additional taxes via a monthly payment plan ... as opposed to the IRS leaving the 'freeze' in place while they underwent a full blown audit plus a potential trip to tax court. Given the cost of the monthly 'settlement' payments, as well as an IRS mandate that they make quarterly estimated tax payments based on their current / future income, neither could afford to hang onto their new cars.

    Granted I can't cite an example which specifically involves camgirls. Since camgirls generally work solo, there is no opportunity for dressing room / after work discussions of such matters as is the case among fellow dancers. However, there is zero question that the IRS does conduct 'lifestyle' audits, does 'estimate' income levels which are above the amount of income the self-employed person officially reported when it appears that the person's spending patterns are more upscale than their reported income would typically provide for, and does attempt to collect additional taxes based on that higher 'estimated' income amount.

    My accountant tells me that the IRS prefers to 'leverage' people into accepting 'settlement' agreements ( which allows the IRS to side-step the associated costs of performing a full blown audit and a potential tax court proceeding ), with primary 'leverage' stemming from IRS ability to effectively deny people access to their bank accounts until the matter is resolved. Secondary 'leverage' stems from the fact that refusing a 'settlement' agreement triggers a need for the person to spend additional money on a tax attorney / accountant, as well as a calculated risk that ... if they are unable to 'prove their innocence' ... the amount of additional tax money owed could be higher than the amount involved under a 'settlement' agreement.

    I would also add that, besides doing something which attracted IRS attention in the first place, the two dancers described above arguably 'screwed themselves' because they did not establish and maintain a separate business with a separate bank account. By co-mingling funds in a personal bank account, the IRS was able to 'freeze' both their personal funds and their business funds based on a single accusation of personal tax 'deficiency'. If there was any 'bright' side it was that, as dancers, their present earnings mostly came in the form of direct customer cash which wasn't subject to the IRS 'freeze' ... thus still allowing the dancers to pay for their rent, utilities, groceries, etc. via that cash while they explored their options, made their decision, and waited for the 'settlement' to be accepted and the 'freeze' lifted. Under similar circumstances, camgirls who receive the vast majority of their present earnings in the form of checks or bank account transfers, and who co-mingle funds in a personal bank account, could potentially be 'cut off' from their present / future earnings altogether if an IRS 'freeze' were to be imposed. That's a LOT of 'leverage'. !!!

    Also, I never claimed that this happens 'frequently'. In point of fact, only the IRS knows how frequently they pursue 'lifestyle' audits ... and they don't publish such statistics. All I claimed was that 'lifestyle' audits DO happen ... and aren't just 'crazy talk'.
    Last edited by Melonie; 07-14-2015 at 03:23 AM.

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    Default Re: How much do you make?

    @JennyCouture I read your name like 5 times, it just now clicked to me. Anyways this question has been asked many times. Some aren't going to answer because it maybe too personal and others may not answer because its a redundant question.

    You may wanna checkout Camming Connection and Other Work(it has old camming threads from before CC was made). There are alot of threads around here that state directly and indirectly; what some of us make, what sites most work on, how many hours some work, etc. A few are $500 and under webcam earners thread, $500+ a week challenge!, $1000 + Per Week Challenge, Anyone is up for a $2000 a week challenge?, 6 Figures in 2015 Hustlers Challenge, 2015 Spring/Summer Hustler's Thread!. I'm just saying.
    Last edited by Blovely; 07-14-2015 at 08:08 PM. Reason: grammar, add on

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    Default Re: How much do you make?

    Quote Originally Posted by eagle2 View Post
    Please provide some examples of all of these strippers and cam-girls who were audited and taken to court by the IRS. Since this happens quite frequently according to you, you should have no trouble finding lots of cases.
    I've personally been audited by the IRS... twice in fact. Once back in 1996 and again in 2008. It is not uncommon in the adult industry. The first time I was audited, I was a stupid young one who didn't claim income at all (dancer). It was a costly, nightmarish experience. The second time, I was well prepared with a ton of documentation... and sailed through the experience.
    !

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  23. #43
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    Default Re: How much do you make?

    Can I be Jenny when I grow up?

    Quote Originally Posted by JennyCouture View Post
    I'm wondering as a comparision to which sites earn the most etc...
    How much do you make per year? I make between 150 and 200k per year currently , that is my half
    How many hours a week do you work? I work 20 to 25 hrs per week
    What site do you work on? I currently work on streamate only but the first 5 yrs of my camming I worked on ifriends... I switched to streamate because I made more even though ifriends offers 50% and streamate is 35% they still blow ifriends out of the water !
    and
    What is you biggest tip ever? $1526

    and finally
    How many years have you been camming ? I've been camming 10 years
    How much have you earned in your entire career? Between all sites Ive earned slightly over 3 1/2 million in 10 yrs


    I'm not sure why people would not want to answer this although if you don't want to answer don't .. I for one am interested in this it's nice to know what the average is in the business , what sites make the most etc Sometimes sites seem more appealing cuz they offer a higher % but that doesn't mean they generate a higher profit ...
    AS far as the Irs Im not scamming them so Im not worried although I highly doubt they have time to be checking these forums lol
    I know there to busy to even talk to me half the time

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    Default Re: How much do you make?

    Quote Originally Posted by JennyCouture View Post
    I'm wondering as a comparision to which sites earn the most etc...
    How much do you make per year?
    How many hours a week do you work?
    What site do you work on?
    and
    What is you biggest tip ever?

    and finally
    How many years have you been camming ?
    How much have you earned in your entire career?
    You will probably get the same answer when you posted this on wecamgirls.com

    I know you've posted your screenshots from streamate and your breaking the bank with a whopping 18,000 or more a week fantastic for you.
    Stripperweb is closing! Join me over at WeCamgirls

    A part of all you earn is yours to keep. It should be not less than a tenth no matter how little you earn. It can be as much more as you can afford. - Richest Man in Babylon

    Youtube : youtube.com/minniecriley | Facebook MinnieCRiley | Instagram @MinnieCRiley | Twitter @MinnieCRiley

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    Default Re: How much do you make?

    Quote Originally Posted by JennyCouture View Post
    I didn't post my income untill someone was like " Well , why don't you start with posting yours" So I did but , only cuz someone asked ...
    So, If I wanted to "brag" don't you think I would've just started out by posting my income not just asking the question...
    If you don't want to post your income , don't but you don't have to be a cuntbag lol geez
    It's good to know where you stand in the industry , it's always good to stay in the know ..
    Nothing wrong with that ... I personally don't mind sharing income and I know alot of people who don't either so to me it doesn't seem like that big of a deal...
    Some people get there panties all in a wad about it so I figured people like you can just not post your income .. I didn't ask for your opinion on my post or if you do or do not think it's any of my business.. Thats you opinion, my opinion is it's not a big fucking deal so that is how you feel this is how I feel...
    I didn't start this post to validate my own success , ya I know I make alot of money but I don't know if it's alot for the industry.. For all I know people are making more on other sites? For a bigger %? How would I ever know unless I ask... Mabye the average income for camgirls is 500k a year and I need to step it up or try another busier site.. Thats why I asked
    I'm not fully happy with what I make but I don't know if its alot for camgirls ,if I am at a topping point or if the grass is greener.. I wonder if there is bigger money to be made on a different site..
    But I don't know what site that is ... Thats why I need to ask How much do people make? what site are they on ? This is need to know info you can't just be happy with yourself as far as business you need to keep alert for which sites are bringin in the bank , stay on top of it and always strive to grow bigger
    Riiiiight!....You ask an invasive question about other peoples finances and expect no one to have an opinion....GTFOOH

    You claim to make 6 figures then wonder if grass is greener on the other side?!? Really?!? You need to posting in the gratitude section rather than trolling here.

    You been in the business long enough to know income is subjective and varies from individual to individual. If you can pay your bills, save money, then you are good. Do you track your earnings? If so you so be comparing your earnings to yourself not to other people whose work ethic / schedule / look / etc. is different from yours.
    “Cook for him like a housewife, fuck him good like a nympho….pay the rent and the car note, he invests in me like crypto”

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  29. #46
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    Default Re: How much do you make?

    Quote Originally Posted by Melonie View Post
    I can tell you about two specific cases involving fellow NY dancers. While these incidents happened at different times, they unfolded in a very similar manner.

    Both dancers wound up drawing IRS attention because their registration of new cars was reported by the state dep't of motor vehicles. Both received an IRS 'deficiency notice' for about $30,000 worth of additional taxes, based on an IRS 'estimate' that their actual earnings level for each of the past 3 years must have been ~$25,000 per year higher than they reported on their tax returns. This 'estimate' was arguably the result of an IRS assessment that the apparent costs of maintaining their 'lifestyle' ... from the purchase of a 'nice' car, to purchases at upscale retailers shown on credit card statements, to renting a decent apartment, to the comparatively high costs of groceries, utilities, local taxes etc. in the NY area ... could not have been possible without the existence of additional unreported income.

    While these dancers were still contemplating what to do about the 'deficiency notice', they discovered that they could no longer access their bank account balances thanks to an IRS 'freeze'. They also discovered that any 'new' funds transferred into their bank accounts were also subject to the IRS 'freezing' the new money before they could withdraw it. With insufficient 'cash' available to pay a tax attorney / accountant on top of paying their rent and other costs of living, they had little choice but to accept a 'settlement' offer from the IRS which resulted in them paying something like $20,000 in additional taxes via a monthly payment plan ... as opposed to the IRS leaving the 'freeze' in place while they underwent a full blown audit plus a potential trip to tax court. Given the cost of the monthly 'settlement' payments, as well as an IRS mandate that they make quarterly estimated tax payments based on their current / future income, neither could afford to hang onto their new cars.

    Granted I can't cite an example which specifically involves camgirls. Since camgirls generally work solo, there is no opportunity for dressing room / after work discussions of such matters as is the case among fellow dancers. However, there is zero question that the IRS does conduct 'lifestyle' audits, does 'estimate' income levels which are above the amount of income the self-employed person officially reported when it appears that the person's spending patterns are more upscale than their reported income would typically provide for, and does attempt to collect additional taxes based on that higher 'estimated' income amount.

    My accountant tells me that the IRS prefers to 'leverage' people into accepting 'settlement' agreements ( which allows the IRS to side-step the associated costs of performing a full blown audit and a potential tax court proceeding ), with primary 'leverage' stemming from IRS ability to effectively deny people access to their bank accounts until the matter is resolved. Secondary 'leverage' stems from the fact that refusing a 'settlement' agreement triggers a need for the person to spend additional money on a tax attorney / accountant, as well as a calculated risk that ... if they are unable to 'prove their innocence' ... the amount of additional tax money owed could be higher than the amount involved under a 'settlement' agreement.

    I would also add that, besides doing something which attracted IRS attention in the first place, the two dancers described above arguably 'screwed themselves' because they did not establish and maintain a separate business with a separate bank account. By co-mingling funds in a personal bank account, the IRS was able to 'freeze' both their personal funds and their business funds based on a single accusation of personal tax 'deficiency'. If there was any 'bright' side it was that, as dancers, their present earnings mostly came in the form of direct customer cash which wasn't subject to the IRS 'freeze' ... thus still allowing the dancers to pay for their rent, utilities, groceries, etc. via that cash while they explored their options, made their decision, and waited for the 'settlement' to be accepted and the 'freeze' lifted. Under similar circumstances, camgirls who receive the vast majority of their present earnings in the form of checks or bank account transfers, and who co-mingle funds in a personal bank account, could potentially be 'cut off' from their present / future earnings altogether if an IRS 'freeze' were to be imposed. That's a LOT of 'leverage'. !!!

    Also, I never claimed that this happens 'frequently'. In point of fact, only the IRS knows how frequently they pursue 'lifestyle' audits ... and they don't publish such statistics. All I claimed was that 'lifestyle' audits DO happen ... and aren't just 'crazy talk'.

    This is due to the cars they bought and things they owned that is rightful justification for the Irs to come after you, however posting on a forum is not lol

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    Default Re: How much do you make?

    Quote Originally Posted by minniesoporno View Post
    You will probably get the same answer when you posted this on wecamgirls.com

    I know you've posted your screenshots from streamate and your breaking the bank with a whopping 18,000 or more a week fantastic for you.
    accept they deleted my thread there cuz there dumb lol

  31. #48
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    Default Re: How much do you make?

    Quote Originally Posted by miss.a.p1600 View Post
    Riiiiight!....You ask an invasive question about other peoples finances and expect no one to have an opinion....GTFOOH

    You claim to make 6 figures then wonder if grass is greener on the other side?!? Really?!? You need to posting in the gratitude section rather than trolling here.

    You been in the business long enough to know income is subjective and varies from individual to individual. If you can pay your bills, save money, then you are good. Do you track your earnings? If so you so be comparing your earnings to yourself not to other people whose work ethic / schedule / look / etc. is different from yours.
    Thats your opinion , not a very good one though... It's better to stay in the know... If your like oh well I make 6 figures a year I'm happy whatever , you will never excell

  32. #49
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    Default Re: How much do you make?

    responding due to a few reports

    I don't get why it's so complicated: high earners rock, as do lower earners. we all get on cam each day on our own terms and that should be celebrated. I see far more similarity than difference in that regard. I'm honestly baffled why peeps who are all on the same side choose to end up in such binary positions. yes income can be a touchy topic, but it doesn't need to become hostile.

    For real though, those who complain about bragging when chicas bank and are real about it are the opposite side of the same coin as chicas who disparage those who might not desire/need based on their own life goals to be in the top earner spot

    We're all way fucking better than some of the crap I'm reading above. We all do this work ffs, we all know better than anyone that 'no one size fits all' when it comes to camming, or the sex industry in general. If high and lower income earners feel silenced what's left? A bunch of peeps who can't talk about their challenges or celebrate their successes.

    *not to imply that posters on either 'side' fit into specific income categories, only that the argument is facile on its face and I appreciate those who took that approach, because this intractable argument veers from high to low earner- judgment periodically

    but yeah, this did not need to end up mired in insults. since that's not a monopoly in this thread at this point I'm assuming we can salvage it?


  33. #50
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    Default Re: How much do you make?

    No matter how successful or not camming can be isolating. I have had girls who earn big on cam not have a clue how they did compared to others call me up to get that info.

    Don't think Jenny meant any harm. Now, in general, it is bad manners to ask people how much money they make. Just as it is how much do you weigh and how old are you.

    Some of the performers don't want customers to know what they make either. Many do read the threads on here too.

    Props to you Jenny the success you are having on SM, let's us all have a new benchmark to achieve.

    We shouldn't drive away successful performers on here like we did with another several years ago for no reason. Since we can't mention names, I won't. I thought it was totally bs that girls did that to her.

    Sam


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