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Started By
Message
re: Getting paid "under-the-table"
Posted on 11/21/11 at 12:29 pm to Tiger JJ
Posted on 11/21/11 at 12:29 pm to Tiger JJ
quote:
How many people here report EVERYTHING they do according to the strict letter of the law?
Keep in mind that in Louisiana you are required to self report all the stuff you buy online but don't pay sales tax on. I wouldn't be surprised if we had 100% non compliance on "use" taxes in this thread.
4
Posted on 11/21/11 at 12:32 pm to Tiger JJ
quote:
How many people here report EVERYTHING they do according to the strict letter of the law?
Honestly there's so much you can do that's LEGAL if you own your own business....not even any need to cheat, really.
Posted on 11/21/11 at 12:38 pm to TigerinATL
quote:
Keep in mind that in Louisiana you are required to self report all the stuff you buy online but don't pay sales tax on. I wouldn't be surprised if we had 100% non compliance on "use" taxes in this thread.
Of course. Ditto maids, babysitters, gambling, etc.
What the outrage in this thread is REALLY about is that it's much riskier to avoid taxes using a business, so most people comply with it out of rational self-interest. This gives them free leave to pontificate from the supposed moral high ground over someone who is comfortable taking more risk than they are.
Posted on 11/21/11 at 1:34 pm to dyslexiateechur
quote:
Honestly there's so much you can do that's LEGAL if you own your own business
Such as?
Posted on 11/21/11 at 1:36 pm to TigerinATL
quote:
I wouldn't be surprised if we had 100% non compliance on "use" taxes in this thread.
Nope I paid it like a sucker. But then it's not like I was running up thousands of bucks in online purchases.
Posted on 11/21/11 at 1:37 pm to Cold Cous Cous
quote:
Nope I paid it like a sucker. But then it's not like I was running up thousands of bucks in online purchases.
To be fair, you weren't in this thread before this post.
Posted on 11/21/11 at 1:38 pm to olgoi khorkhoi
quote:
olgoi khorkhoi
You should move to Greece...they are good at the whole "evading taxes" thing and look where that got them
Posted on 11/21/11 at 1:39 pm to Tiger JJ
CCC is the 1%
Posted on 11/21/11 at 2:30 pm to Tiger JJ
quote:
How many people here report EVERYTHING they do according to the strict letter of the law?
I'm going to say the majority of the CPAs do since you can lose your license for not doing so.
Posted on 11/21/11 at 2:33 pm to Projectpat
LOL. Not a fricking chance.
Posted on 11/21/11 at 2:36 pm to olgoi khorkhoi
I'll sell you the info you seek, but you're going to have to pay me in cash.
Posted on 11/21/11 at 3:10 pm to TigerinATL
quote:
CCC is the 1%
Posted on 11/21/11 at 4:17 pm to Tiger JJ
There are many small business owners out there who don't show profit & take losses on many things their first two years, & expense their meals, materials, etc. & use mileage as much as they can.
There are people here who are paying for sites like Tigerbait, Scout, BBI, & the Lair without paying the sales taxes on it. As someone previously stated, show me the first person in this thread whose posted a 100% compliance ratio with online purchases and paying their sales taxes on them on the back end?
This may be a bold & ostentatious act on the part of the OP, but lots of you guys have done way worse than operate your car in excess of the posted speed limit & pulled the tags off of mattresses.
You just aren't willing to admit it.
There are people here who are paying for sites like Tigerbait, Scout, BBI, & the Lair without paying the sales taxes on it. As someone previously stated, show me the first person in this thread whose posted a 100% compliance ratio with online purchases and paying their sales taxes on them on the back end?
This may be a bold & ostentatious act on the part of the OP, but lots of you guys have done way worse than operate your car in excess of the posted speed limit & pulled the tags off of mattresses.
You just aren't willing to admit it.
This post was edited on 11/21/11 at 4:18 pm
Posted on 11/21/11 at 5:33 pm to GFunk
Yeah, the self-righteousness was nauseating.
Posted on 11/21/11 at 6:27 pm to Tiger JJ
quote:
Ditto maids, babysitters, gambling
Actually for maids and baby sitters it's a little more complicated. See page 3 of LINK
For example, I happen to have a maid and over the course of the year I pay her about $1400. According to the above link, I do not have to withhold or pay anything at all. I have little doubt that she doesn't rush to pay tax herself but that is her responsibility under the law, not mine.
I do happen to know she is legal, so I'm clear there too.
Gambling - I actually do track this and this past year I lost $10. I didn't bother claiming the deduction.
So there.
Posted on 11/21/11 at 6:29 pm to foshizzle
Regarding taxes on online purchases, generally retailers I shop with do charge sales tax.
Posted on 11/21/11 at 7:22 pm to foshizzle
quote:
Gambling - I actually do track this and this past year I lost $10. I didn't bother claiming the deduction.
no deduction unless you have winnings to claim
Posted on 11/21/11 at 9:27 pm to foshizzle
quote:
I do happen to know she is legal, so I'm clear there too.
I'm sure you have your I-9 & W-4 on file, and examined two forms of id, even though she was paid less than $1400.
I'm not trying to be a smartass, just trying to demonstrate how easy it is to be a lawbreaker.
Posted on 11/21/11 at 10:04 pm to Tigerpaw123
quote:
Honestly there's so much you can do that's LEGAL if you own your own business
Such as?
Just write it off.
Posted on 11/21/11 at 10:12 pm to olgoi khorkhoi
quote:
Also, does anyone know if Paypal reports anything about its members to the IRS?
The may report suspicious activity to FinCen. You are on the radar my friend.
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