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THE SLAYER · 01-19-2005, 01:31 PM

One Other thing, If (drug, Mafia, etc) busness is illegal, then is that said busness taxable? and If the (profits) money earned, is not legal, is that Taxable... Because (and I'll admit, watching too much scarface,) then Requireing you to Report your "illegal Busness" would definately violate your 5th amendment. and if you did not try to hide it (willfulness) then you would only be required to pay whatever is taxable (wich would be their requirment to prove, (and not just that you had money, but that its taxable.) and yes, they could actually prosecute you for the crime, and take all money and (profites, like your house, car ext.) but what if they don't have enough evidence to prosecute, and just want tax evasion.... would that (hipothetically) work against them?

lookout123 · 01-19-2005, 01:55 PM

you may be looking into this a little too deeply. you will eventually get hosed either way.

if you sling rock that is illegal. profits are illegally gained. LE can nail you for that. if you are good enough that they know you are doing it but can't build a case against you they will build a tax evasion case against you.

if you properly file your taxes as a self employed individual the IRS doesn't care where the money comes from as long as they get Uncle's share for him. i understand your concern about how the 5th applies to a 1040, but be real. no one is going to enter "rock slinger" or "hooker" on the line they provide for occupation. they just enter self employed or independent distributor or entertainer, etc... they pay their taxes and that is the end of the story.

if LE can't build a criminal case against them, and they don't have an IRS issue then the individual is fine. until the day they slip up and leave an opening for LE or the IRS. then they are toast.

i don't play these games myself, but i happen to know a few escorts who are fine taxpaying citizens who do walk this fine line.

xoxoxoBruce · 01-19-2005, 07:52 PM

It's much easier to build a tax case than a criminal case. In a tax case the IRS/Justice Department can do an estimate of your income from assets and purported lifestyle and the courts will buy it whereas a criminal charge has to be proven to a much stiffer standard.
If you go to a strip club and nurse a beer for 3 hours, the IRS/JD can portray it as an evening of nightclubing that cost you $500 and get away with it.
Just like the IRS tells waitstaff how much they make in tips and they have to pay on that regardless of what they actually made unless the waiter/waitress makes a federal (literally) case out of it.

01-19-2005, 01:31 PM	#1
THE SLAYER Recruit or Something Join Date: Jan 2005 Posts: 4	The Tax Crack 2 One Other thing, If (drug, Mafia, etc) busness is illegal, then is that said busness taxable? and If the (profits) money earned, is not legal, is that Taxable... Because (and I'll admit, watching too much scarface,) then Requireing you to Report your "illegal Busness" would definately violate your 5th amendment. and if you did not try to hide it (willfulness) then you would only be required to pay whatever is taxable (wich would be their requirment to prove, (and not just that you had money, but that its taxable.) and yes, they could actually prosecute you for the crime, and take all money and (profites, like your house, car ext.) but what if they don't have enough evidence to prosecute, and just want tax evasion.... would that (hipothetically) work against them?

01-19-2005, 01:55 PM	#2
lookout123 changed his status to single Join Date: Apr 2004 Location: Right behind you. No, the other side. Posts: 10,308	you may be looking into this a little too deeply. you will eventually get hosed either way. if you sling rock that is illegal. profits are illegally gained. LE can nail you for that. if you are good enough that they know you are doing it but can't build a case against you they will build a tax evasion case against you. if you properly file your taxes as a self employed individual the IRS doesn't care where the money comes from as long as they get Uncle's share for him. i understand your concern about how the 5th applies to a 1040, but be real. no one is going to enter "rock slinger" or "hooker" on the line they provide for occupation. they just enter self employed or independent distributor or entertainer, etc... they pay their taxes and that is the end of the story. if LE can't build a criminal case against them, and they don't have an IRS issue then the individual is fine. until the day they slip up and leave an opening for LE or the IRS. then they are toast. i don't play these games myself, but i happen to know a few escorts who are fine taxpaying citizens who do walk this fine line. __________________ Getting knocked down is no sin, it's not getting back up that's the sin

01-19-2005, 07:52 PM	#3
xoxoxoBruce The future is unwritten Join Date: Oct 2002 Posts: 71,105	It's much easier to build a tax case than a criminal case. In a tax case the IRS/Justice Department can do an estimate of your income from assets and purported lifestyle and the courts will buy it whereas a criminal charge has to be proven to a much stiffer standard. If you go to a strip club and nurse a beer for 3 hours, the IRS/JD can portray it as an evening of nightclubing that cost you $500 and get away with it. Just like the IRS tells waitstaff how much they make in tips and they have to pay on that regardless of what they actually made unless the waiter/waitress makes a federal (literally) case out of it. __________________ The descent of man ~ Nixon, Friedman, Reagan, Trump.

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