29 June 2025

Won't Someone Think About The Strippers?

The "No Tax On Tips" bill excludes independent contractors.

Most strippers are independent contractors.

This is fundamentally unfair!

4 comments:

  1. Call an accountant, form an LLC, hire yourself.
    Or some version of that. IANAL.
    At any rate, there's always a work-around.

    Taxes on tips are stupid anyways, because they already know 50% of everyone isn't reporting them in the first place.

    ReplyDelete
    Replies
    1. The reason taxes on tips is an issue is that few people pay in cash anymore. When people pay by card for a tip there is a paper trail, and the employer is required to tell the IRS what tips people received as part of their income. So, if people fail to declare those on their income tax the IRS can persecute and prosecute.
      -swj

      Delete
    2. You see a lot of strippers with credit card receipts stuffed in their bikini bottoms, do ya? :)

      Delete
    3. No, but I've heard complaints about the card slot being sticky.

      Delete

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