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#296156 - 01/21/08 02:49 PM porn talent - how hard is it to avoid IRS issues?
destro Offline
AC Cream Wannabe

Registered: 05/23/06
Posts: 486
if working in a mostly cash biz especially and possibly working in locations where filing adult videos are not legal, how hard is it to remain legit with your taxes? do companies ever give you an end of year tax statement? i could imagine a lot of the younger talent who are just amazed by the amount of cash don't make the proper steps to make sure they don't run into legal issues with their money.


Edited by destro (01/21/08 02:50 PM)
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#296157 - 01/21/08 08:25 PM Re: porn talent - how hard is it to avoid IRS issu
zenman Offline

Porn Jesus

Registered: 08/26/03
Posts: 8160
Loc: Roma, Repubblica Italiana
They should all be getting W-99s in the mail. But knowing the average whore, they've probably moved three times and forgotten to leave a forwarding address three times. How convenient.
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#296158 - 01/22/08 07:41 AM Re: porn talent - how hard is it to avoid IRS issu
JRV Offline
Porn Jesus

Registered: 08/03/03
Posts: 5849
Loc: TX, USA
It's easy to avoid IRS problems - pay your taxes.
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#296159 - 01/22/08 09:00 AM Re: porn talent - how hard is it to avoid IRS issu
christianxxx Offline
Pervert

Registered: 07/05/05
Posts: 2134
Loc: Los Angeles, CA
the problem for me (and probably other male performers) is that i work for like 100 companies a year. so even after i do my taxes, i always get like 5 more 1099s in the mail. So i get a small penalty and have to pay a bit more each year. annoying.
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#296160 - 01/22/08 11:27 AM Re: porn talent - how hard is it to avoid IRS issu
Mind Ltd. Offline
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Registered: 10/18/07
Posts: 318
Bankruptcy is imminent.
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#296161 - 01/22/08 04:48 PM Re: porn talent - how hard is it to avoid IRS issu
JRV Offline
Porn Jesus

Registered: 08/03/03
Posts: 5849
Loc: TX, USA
Quote:

the problem for me (and probably other male performers) is that i work for like 100 companies a year. so even after i do my taxes, i always get like 5 more 1099s in the mail. So i get a small penalty and have to pay a bit more each year. annoying.



Don't do taxes off 1099s. They're wrong sometimes. I haven't had every 1099 in a year correct for at least a decade, though most of those years I eventually got a correction that was right.
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#296162 - 01/22/08 06:44 PM Re: porn talent - how hard is it to avoid IRS issu
gia jordan Offline
Porn Jesus

Registered: 09/07/05
Posts: 14160
Loc: NYC
Quote:

the problem for me (and probably other male performers) is that i work for like 100 companies a year. so even after i do my taxes, i always get like 5 more 1099s in the mail. So i get a small penalty and have to pay a bit more each year. annoying.




Same here! I hate that.
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#296163 - 01/22/08 07:40 PM Re: porn talent - how hard is it to avoid IRS issu
Da Burglar Offline
Porn Jesus

Registered: 01/02/05
Posts: 5750
Loc: ATLANTIC CITY
Quote:

Quote:

the problem for me (and probably other male performers) is that i work for like 100 companies a year. so even after i do my taxes, i always get like 5 more 1099s in the mail. So i get a small penalty and have to pay a bit more each year. annoying.




Same here! I hate that.




Jia pays her taxes.....that's hot
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