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Re: ADVICE: Models Beware. Seek information please

Posted: Wed Apr 12, 2006 11:32 am
by Cenobitez
I was talking to an escort in a rather strange situation but oh well.

She was saying, her Bed, Strap Ons, Dildo's, Dongs, Lube, Cuffs, Underwear, Clothing the lot is all a Tax Write Off, she claims it all back and ends up with a tax rebate year after year.

I can just see it now...

Tax Man: Hello Mr Cenobitez, Ithis is X from the IRS, I am just looking over your tax return and need to ask you what some things are...
Me: Sure whats up ?
IRS: Can you tell me what a 1cm-8cm but plug is ?
Me: Its a chain of beads ya stuff up a clients bumhole, next ?
IRS: Silence.....
Me: What else ?
IRS: Ummmm whats a 6ft Cat ?
Me: a bloody great big whip, a Cat o' 9 tails, next ?

Il bet they wont even query your 12 inch real look cyber skin latex strap on cock.


Re: ADVICE: Models Beware. Seek information please

Posted: Wed Apr 12, 2006 11:37 am
by EML
Hay

Very good accountant for the industry is Chris Malam. I don't have his number or e-mail, but i sure someone has..... Good Luck !grin!


Re: ADVICE: Models Beware. Seek information please

Posted: Wed Apr 12, 2006 2:16 pm
by Peter
I've actually had to go through this when I had a random audit of my self assesment returns by the tax man.

Luckily he was a decent chap, and being an amateur photographer himself helped matters, but we still had to go through the routine of me explaining what a 12in ribbed knobbler was and how, no, i didn't get any personal use from it, so it was 100% deductable!

Re: ADVICE: Models Beware. Seek information please

Posted: Thu Apr 13, 2006 9:08 pm
by CandiceParis
Hi

RE Cash Transactions. Models in the adult industry are jsut like any other self or empluyed people. You should keep all your expenses, yes including toys, lub & test expenses. More importantly keep your recpts for your undies, iniforms & clothes, these will be deductable.

Also did you know just because you get travel expenses to get to a job, you may be better off having this amount added to your fee, then claiming a milage cost per job if you are driving by car. This can oftern be higher than your "real" expenses. Also you should proportion you Road Tax & insurance as an expense.

Even having your nails done can be an expense.


Re: ADVICE: Models Beware. Seek information please

Posted: Fri Apr 14, 2006 7:01 am
by Phil mCc
Anyone who wants Chriss's number can mail me I will pass it on, He is top class and an expert in adult tax situations, he costs nothing because he saves you money, in fact he just got me 4k back,

Jim (Phil McC)