And CGT that's terrible advice, tax fraud is tax fraud. Period. A provider should report it all and be a decent human being. Everyone else has to pay taxes on their income, why shouldn't we? Originally Posted by Missy MariposaWe all know that in this business it's easy to hide income because it's a cash-based business. Who's to say you earned $1K a month or $10K a month? It's not like hobbyists get your SSN and issue a W-9 or 1099.
So, the question is: do you declare all your income?
If you don't, what is your rationale? Do you disagree with what the government does with part or all of it? Do you think you don't get good benefit for your money? Do you feel like you earned it, and the government didn't? Is it more personal to you since you fucked for it instead of waiting tables?
What is your rationale?
The risk for providers is high. If you are caught, the government will seize all, yes all, your assets as part of a criminal enterprise. Just like a drug dealer. Your house, gone. Your car, gone. Your jewelry, gone. And you in an orange jump suit.