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Thread: not filing scared for my friend

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    Default not filing scared for my friend

    hey!

    So I just started dancing and dont know ANY of this stuff. but my friend has been dancing since october and she says that she hasnt filed taxes and didnt even think about it...she hasnt been calculating how much she makes ect...

    she just keeps the cash out of the bank doesnt buy anything large and works once a week with a real 9-5 job. Should I be worried for her? What should she do if she decides to report taxes if it turns out to be a big deal? She seems kind of oblivious to this stuff and so am I so I decided to come here and ask you guy's advice.

    Is she ok? should she start counting her dances? help!

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    Default Re: not filing scared for my friend

    You are supposed to pay taxes on any income you earn. Now, the likelihood of getting caught when you have a regular salary you pay taxes on, dance infrequently and only use the cash for small purchases is, quite frankly, low. If your only income is dancing, you deposit all your earnings, and/or you make big ticket purchases with your cash, your odds do, of course, increase.

    In any case, this isn't your problem to worry about. You can't force your friend to file her taxes, and if she's not concerned, that's her problem. I mean, you could report her to the IRS, but you don't really have anything to gain from that.

    Focus on your own earnings and filing taxes on them.

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    Default Re: not filing scared for my friend

    Quote Originally Posted by shanna dior View Post
    You are supposed to pay taxes on any income you earn. Now, the likelihood of getting caught when you have a regular salary you pay taxes on, dance infrequently and only use the cash for small purchases is, quite frankly, low. If your only income is dancing, you deposit all your earnings, and/or you make big ticket purchases with your cash, your odds do, of course, increase.

    In any case, this isn't your problem to worry about. You can't force your friend to file her taxes, and if she's not concerned, that's her problem. I mean, you could report her to the IRS, but you don't really have anything to gain from that.

    Focus on your own earnings and filing taxes on them.
    well im asking for her because after I talked to her she was like "shit I never thought about these things!" but i couldnt answer her questions so I think she will file if its a big deal...but if not then i think shell keep on truckin you know? shes like my sister and im not losing sleep about it but SHE is losing sleep about it now haha

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    Default Re: not filing scared for my friend

    Agree with Shanna Dior that, in 'real world' terms, if your friend is holding down a full time 'straight' job ... only dances one night a week ... receives all of her dancing income in cash direct from club customers ... dances at a club that does not have her real name, real address, real SS# etc. ( such that the club doesn't have the necessary info to issue a 1099 report of her income ) ... does not route any of her dancing income cash through a personal bank account ... and does not make any 'big ticket' ( > $3000 ) purchases, that the odds of her unreported cash dancing income being discovered are low.

    However, low probability does not mean zero probability !!! If, for whatever reason, the IRS were to discover the existence of your friend's unreported cash income, her life could become very 'complicated' very quickly. This could happen as a result of the IRS investigating the club she dances at, as a result of the IRS choosing to audit her at random and seeing that her 'lifestyle' appears to be more expensive than her straight job paycheck can pay for, etc. But, as was pointed out earlier, that's your friend's problem not yours.

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    God/dess Selina M's Avatar
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    Default Re: not filing scared for my friend

    Yeah I'm gonna go ahead and say.... "mind ya biznezz".
    I think you and she are freaking out over nothing.

    I know tons and tons of dancers/DJs/managers/bouncers that do not file, and live solely off their club earnings. A lot severely underreport. So does everyone in a cash business. Waiters/bartenders are known for it, and the restaurant management usually even tells them to declare only what is 'necessary'. Even a lot of brick-and-mortar businesses I know that prefer to deal in cash tend to 'modify' their earnings. I have never heard of anyone being audited, despite many of them being ostentatious... there's a doorman at my club that drives a $40k car and only reports the $5/hr on his paychecks.

    The odds of being caught are very low, IMO, unless you do something that requires a report to the IRS. As long as she doesn't pay for something in $10k in cash, make suspicious bank deposits, or live super obviously above her reported means, I think she'll be fine.
    The IRS has bigger fish to fry than going after a stripper for 1 day/week's earnings.
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    Default Re: not filing scared for my friend

    Quote Originally Posted by Selina M View Post
    Yeah I'm gonna go ahead and say.... "mind ya biznezz".
    I think you and she are freaking out over nothing.

    I know tons and tons of dancers/DJs/managers/bouncers that do not file, and live solely off their club earnings. A lot severely underreport. So does everyone in a cash business. Waiters/bartenders are known for it, and the restaurant management usually even tells them to declare only what is 'necessary'. Even a lot of brick-and-mortar businesses I know that prefer to deal in cash tend to 'modify' their earnings. I have never heard of anyone being audited, despite many of them being ostentatious... there's a doorman at my club that drives a $40k car and only reports the $5/hr on his paychecks.

    The odds of being caught are very low, IMO, unless you do something that requires a report to the IRS. As long as she doesn't pay for something in $10k in cash, make suspicious bank deposits, or live super obviously above her reported means, I think she'll be fine.
    The IRS has bigger fish to fry than going after a stripper for 1 day/week's earnings.

    Thank you for this. This made a lot of sense to me and her...I just showed her this and she sighed in relief haha.

    And thank you all for all your comments and perspective on the subject

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    Default Re: not filing scared for my friend

    There is a hidden consequence to this life path- if she tries to apply for government assistance, her lack of taxpaying *may* hurt her. In the very least her lack of a paper trail/straight job history will be discovered. She needs to figure out a savings plan/get insurance in case she experiences a major life emergency while she is still a stripper.

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    Default Re: not filing scared for my friend

    The usual path for a restaurant worker to get audited is the restaurant getting audited, so if the club you work at is doing shady shit, be more careful

    If you are young an broke, you are young and broke, blood from a stone and all....but once you start actually having 'stuff' that you could potentially lose the stakes go up.

    For a number of reasons it is wise to pay taxes at a level that passes for honest.

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    Default Re: not filing scared for my friend

    Ran into a hitch with this recently myself. I've been making quarterly payments on my income, but I started dancing in October and don't have a regular day job to give me actual pay stubs and a paper trail. Which means if I want to do something like get a mortgage, the bank needs at least two years of tax documents if I want to use my self employed income. As in, two years of self employed income tax records if I want to use self employed income at all. Since I don't have that, as far as the bank is concerned, I'm making $0 annual income [that they can use to offer me a loan], and the last couple years I made minimum wage. It doesn't matter that I've made and am making significantly more money *this* year, they can only used my taxes from when I was an employee until I have at least two years of taxes from self employed income. If you want to pay for everything in cash and avoid loans altogether, more power to you. But that definitely ups your risk of an audit. "How did she just buy a house and a car if she's not making enough money to need to pay taxes...?" That sort of thing.

    TLDR It covers your butt for the here and now if you get audited, and it pays off in the future if you ever want to start building your credit/get a credit card/take out a loan/make a big purchase. All in all, a very good investment imo.



    Edit to Add: In the long long term, her lack of tax paying now could also impact her retirement options later. Does she have an IRA/any sort of retirement plan set up? If she's not paying into Social Security, it's probably going to be really hard/impossible for her to draw on it later. Which isn't too big of a deal, as long as you have some sort of plan for when you hang up your heels and go shopping for walkers and dentures. Again, just things to keep in mind and maybe plan for. It's totally possible to live the tax free life your entire stripping career and to be just fine, never needing to give it a single thought. It just depends on the kind of lifestyle you want to have. As long as you're okay with and prepared for it, by all means, continue on, whichever way you choose to go.
    Last edited by Candycups; 07-27-2015 at 09:15 PM.

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    Default Re: not filing scared for my friend

    Quote Originally Posted by Selina M View Post
    Yeah I'm gonna go ahead and say.... "mind ya biznezz".
    I think you and she are freaking out over nothing.

    I know tons and tons of dancers/DJs/managers/bouncers that do not file, and live solely off their club earnings. A lot severely underreport. So does everyone in a cash business. Waiters/bartenders are known for it, and the restaurant management usually even tells them to declare only what is 'necessary'. Even a lot of brick-and-mortar businesses I know that prefer to deal in cash tend to 'modify' their earnings. I have never heard of anyone being audited, despite many of them being ostentatious... there's a doorman at my club that drives a $40k car and only reports the $5/hr on his paychecks.

    The odds of being caught are very low, IMO, unless you do something that requires a report to the IRS. As long as she doesn't pay for something in $10k in cash, make suspicious bank deposits, or live super obviously above her reported means, I think she'll be fine.
    The IRS has bigger fish to fry than going after a stripper for 1 day/week's earnings.
    ^ Selina, I was gonna ask that if those door guys are claiming they're only make 5 an hr, do they get 1099'd from that club? I still haven't filed my 1099 from this tax year saying that I made $5000 total for last year. I'm not really worried about it bc I don't have anything literally & right now am in a major slump with nothing in my bank account. I can't imagine them trying to go after someone like me or anyone with nothing for that matter.
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    Default Re: not filing scared for my friend

    ^ No they do not get 1099s. They get tipped directly by the girls. They get regular W-2s for their hourly wage.

    My club does not run anything through 'funny money'. If a guy wants to pay for dances using his credit card, they run it through the bar and give him the $$, not the girl, and call it a cash advance. There's no way for them to issue us 1099s.
    "People jack off with the left hand and point with the right."

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    Default Re: not filing scared for my friend

    Quote Originally Posted by Selina M View Post
    Yeah I'm gonna go ahead and say.... "mind ya biznezz".
    I think you and she are freaking out over nothing.

    I know tons and tons of dancers/DJs/managers/bouncers that do not file, and live solely off their club earnings. A lot severely underreport. So does everyone in a cash business. Waiters/bartenders are known for it, and the restaurant management usually even tells them to declare only what is 'necessary'. Even a lot of brick-and-mortar businesses I know that prefer to deal in cash tend to 'modify' their earnings. I have never heard of anyone being audited, despite many of them being ostentatious... there's a doorman at my club that drives a $40k car and only reports the $5/hr on his paychecks.

    The odds of being caught are very low, IMO, unless you do something that requires a report to the IRS. As long as she doesn't pay for something in $10k in cash, make suspicious bank deposits, or live super obviously above her reported means, I think she'll be fine.
    The IRS has bigger fish to fry than going after a stripper for 1 day/week's earnings.
    I know about 20 girls who have been audited. It's best to at least file some earnings. The people with the biggest risk of course are people who deposit lots of cash into bank accounts. most strippers I know have zero money in the bank, don;t own homes and live night to night. That's 70% of strippers. So their probability is slim. The girls I know who got audited worked at scores with me in the hey day. I also have a friend who doesn't put much in the bank the did. And there's been a few members from here who have.

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    Default Re: not filing scared for my friend

    Quote Originally Posted by Candycups View Post
    Ran into a hitch with this recently myself. I've been making quarterly payments on my income, but I started dancing in October and don't have a regular day job to give me actual pay stubs and a paper trail. Which means if I want to do something like get a mortgage, the bank needs at least two years of tax documents if I want to use my self employed income. As in, two years of self employed income tax records if I want to use self employed income at all. Since I don't have that, as far as the bank is concerned, I'm making $0 annual income [that they can use to offer me a loan], and the last couple years I made minimum wage. It doesn't matter that I've made and am making significantly more money *this* year, they can only used my taxes from when I was an employee until I have at least two years of taxes from self employed income. If you want to pay for everything in cash and avoid loans altogether, more power to you. But that definitely ups your risk of an audit. "How did she just buy a house and a car if she's not making enough money to need to pay taxes...?" That sort of thing.

    TLDR It covers your butt for the here and now if you get audited, and it pays off in the future if you ever want to start building your credit/get a credit card/take out a loan/make a big purchase. All in all, a very good investment imo.



    Edit to Add: In the long long term, her lack of tax paying now could also impact her retirement options later. Does she have an IRA/any sort of retirement plan set up? If she's not paying into Social Security, it's probably going to be really hard/impossible for her to draw on it later. Which isn't too big of a deal, as long as you have some sort of plan for when you hang up your heels and go shopping for walkers and dentures. Again, just things to keep in mind and maybe plan for. It's totally possible to live the tax free life your entire stripping career and to be just fine, never needing to give it a single thought. It just depends on the kind of lifestyle you want to have. As long as you're okay with and prepared for it, by all means, continue on, whichever way you choose to go.
    This is very true. I own rental properties and built houses from scratch. Companies are getting even more strict on lending policies. Also anyone can get funanced on a 40,000 car if they want to pay 20% interest, It has nothing to do with filing taxes or getting audited and just because some people don't doesn't mean you won't . Good for you at being responsible.

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    Default Re: not filing scared for my friend

    Quote Originally Posted by xxxGothBarbie View Post
    ^ Selina, I was gonna ask that if those door guys are claiming they're only make 5 an hr, do they get 1099'd from that club? I still haven't filed my 1099 from this tax year saying that I made $5000 total for last year. I'm not really worried about it bc I don't have anything literally & right now am in a major slump with nothing in my bank account. I can't imagine them trying to go after someone like me or anyone with nothing for that matter.
    Gothic. Please don't take tax advise on stripperweb. As someone whoose seen plenty of dancers and non dancers get audited just go file. You don't have to claim a ton if you don't put a lot in the bank and it will help you get CREDIT in the future. I just read your whole post. and they go after people who don't have a lot. Chances are less but my gf I'm talking about has danced for years. Use to own a home but like 12 years ago. Hasn't put hard;y anything in the bank in years( I traveled with her) because of the audit. Know you have a 1099 at the IRS it's a bit different than flying under the radar. THe girls that got audited at scores they just threw put numbers. My one gf owed 15,000 but had zero in the bank.

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    Default Re: not filing scared for my friend

    Quote Originally Posted by michele11 View Post
    I know about 20 girls who have been audited. It's best to at least file some earnings. The people with the biggest risk of course are people who deposit lots of cash into bank accounts. most strippers I know have zero money in the bank, don;t own homes and live night to night. That's 70% of strippers. So their probability is slim. The girls I know who got audited worked at scores with me in the hey day. I also have a friend who doesn't put much in the bank the did. And there's been a few members from here who have.
    see that is what scares me. I mean she puts nothing in the bank and has a real job and only makes small purchases with her stripper money like shoes and food and a night out but thats basically it but there is still that risk.

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    Default Re: not filing scared for my friend

    ^ she's only been dancing for 9 months you said? I wouldn't worry. Just tell her come april to have everything together to file. Most the people I know were at high profile clubs that got audited. Or did something that that threw a red flag.

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    Default Re: not filing scared for my friend

    Quote Originally Posted by michele11 View Post
    they go after people who don't have a lot.
    yes, they definitely do. a friend of mine got audited making ~30k a year on a graduate stipend in a really expensive city and she ended up owing like three grand.
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    Default Re: not filing scared for my friend

    Quote Originally Posted by michele11 View Post
    ^ she's only been dancing for 9 months you said? I wouldn't worry. Just tell her come april to have everything together to file. Most the people I know were at high profile clubs that got audited. Or did something that that threw a red flag.
    she hasnt been keeping track of her dances how would she do this?

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    Default Re: not filing scared for my friend

    Tell her to kee a log. After work each night write down what she makes. If she travels have her keep track of expenses etc and then come tax time you guys figure out your earnings and take all your receipts to a reputable accountant. Or open a business account and deposit nightly earnings in it.

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    Default Re: not filing scared for my friend

    Quote Originally Posted by michele11 View Post
    Tell her to kee a log. After work each night write down what she makes. If she travels have her keep track of expenses etc and then come tax time you guys figure out your earnings and take all your receipts to a reputable accountant. Or open a business account and deposit nightly earnings in it.
    but what about the past 9 months?

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    God/dess Selina M's Avatar
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    Default Re: not filing scared for my friend

    I didn't advise her not to file? I said it was not likely a stripper who dances one day a week is going to get audited especially if she has a regular job.
    I'm not saying my clubs doormen aren't idiots for doing that either, and I don't agree with a lot of the posts Goth makes that are geared towards not paying tax (sorry Goth). I certainly pay taxes on my income and I don't encourage anyone to play hide-and-seek with the tax man.
    I'm just saying she doesn't need to necessarily have a meltdown panic attack about not having reported 3 months of earnings.

    Or maybe I'm interpreting these posts wrong in which case ignore me
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    Default Re: not filing scared for my friend

    No i agree with you about not worrying about that little time period. Especially since she has a regular job and hasn't put any of her earnings in the bank.

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    Default Re: not filing scared for my friend

    ^ I must be as sleep deprived as you lol
    "People jack off with the left hand and point with the right."

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    Default Re: not filing scared for my friend

    ^ Hahaha. I went two damn days. Stupid american airlines. I'm still not normal yet. Also tome change and going to bed at 7-8am. Ugh. Takes 3 weeks to recover.

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    Default Re: not filing scared for my friend

    Quote Originally Posted by Zekerella View Post
    but what about the past 9 months?
    If she's made fairly consistent money (say, consistently making about 200ish on week days, 350ish on weekends) then she can probably just average it out and make her best estimate.

    Because it's spread out over a period of months, though, and seasons change and bring more or less money depending, it might help to look back at recent/past purchases. How much did she spend on bills/food/etc. those months? Approximately how much "play" money did she have afterwards to do fun things with/make frivolous purchases with? Did she buy a bunch of clothes in February, and then go to the movies/a theme park a few times in March? Was April a slow month, so she didn't do as much cool stuff that month? Was the power bill unusually high or low during one of those months? It'll be a rough guestimation, but at least it'll be something. Looking at [about] how much she spent during those months, she can have a rough idea of how much she made. It doesn't need to be exact, but it should be fairly close.

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