Escort Friendly CPA/Tax guy...

[sweet.treat69]

I will definitely need to check into this.. I have an apartment, and have someone who I go to who helps me with proof of income, but I def need to file taxes. The deadline is almost up so i will be trying to organize everything for next year. Unfortunately I don't even know where to start LOL

[Tax_Man]

Originally Posted by sweet.treat69

I will definitely need to check into this.. I have an apartment, and have someone who I go to who helps me with proof of income, but I def need to file taxes. The deadline is almost up so i will be trying to organize everything for next year. Unfortunately I don't even know where to start LOL

Just file an extension, then find someone capable.

[SidneyStarr]

Yup, I have filed an extension and yes it's stressful but it's totally worth it. So many providers I have met think they can make x amount of dollars in x number of years and then they are still in the same situation. Times goes by fast and you have to plan before it's too late. I think every provider should file.

[April DFW]

Hi megan, do I need receipts etc interested please message me thanks April

[hothotheather]

Currently looking for a cpa in the Austin area!

[Grace Preston]

Originally Posted by The Eternal Bachelor

If it an ordinary and necessary business expense, which lube and rubbers would be, then you can deduct the expense.

Not ENTIRELY true. Unless you can prove that at least at some point in the year you worked at a LEGAL brothel, claiming lube and rubbers can absolutely be disallowed. Its a grey area-- would see it becoming a potential issue if there were to be an audit.

[Clark W. Griswold]

Originally Posted by SidneyStarr

Yup, I have filed an extension and yes it's stressful but it's totally worth it. So many providers I have met think they can make x amount of dollars in x number of years and then they are still in the same situation. Times goes by fast and you have to plan before it's too late. I think every provider should file.

Good advice here, ladies. File your taxes now before it becomes a headache later.

[playwithkate]

So, yes, you can deduct lube and rubbers as an expense. No, the IRS won't rat you out. But you are calling yourself a prostitute which is illegal in most jurisdictions and has paperwork requirements in some jurisdictions where it is legal. So you could get yourself in trouble if you get caught doing something and they see your tax return! Plus, how could you use that tax return to buy a house or car or get a business loan? Who would give you any credit?

[The Eternal Bachelor]

Originally Posted by Grace Preston

Not ENTIRELY true. Unless you can prove that at least at some point in the year you worked at a LEGAL brothel, claiming lube and rubbers can absolutely be disallowed. Its a grey area-- would see it becoming a potential issue if there were to be an audit.

That is incorrect, an escort would not have to prove they worked at a legal brothel in order for lube and rubbers expenses to be allowed in an audit.

However, if an escort were to be audited, it is possible that all the expenses, not just lube and rubbers, could be disallowed under public policy grounds.