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.

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