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| *The Commerce Journal>>>United States Taxes |
Why doesn't the IRS make strippers pay taxes on their tips? |
Why doesn't the IRS make strippers pay taxes on their tips, but cracking down on these poor Dunkin Donuts and other minimum wage employees? Does anybody know? They are supposed to claim the tips on their taxes, but since its mostly cash its easier to hide because there is no documented paper trail in most cases. strippers don't pay taxes on tips? isn't that taxable income or are they just hiding it or something? Strippers are required to pay the same taxes on tips that any other profession is required to. If you were an IRS agent, would you rather get a fee lap dance, or a free donut?.....So many thumbs down, geesh, everyone answering this question must be an upset waiter/waitress, or an IRS agent... Anyone who earns tips is supposed to declare "other" income. To many people enjoy the pleasure and teasing strippers do for them. Tips are different than waiges. The IRS requrires ALL tipped employees to pay taxes on their tips. Anyone who doesn't is in violation of the law. A lot of strip joints are getting clobbered both by the state employment folks and the IRS for failing to follow the law on pay and taxes. Legally tips are taxable, whether you are a server in a restaurant or are a stripper. What makes you think the IRS doesn't collect tax on tips from strippers? I'm sure there are some strippers who don't report all their tips and try to evade taxes on them. I'm equally sure that's done by some servers at Dunkin Donuts. |
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Sole proprietor no. Partnership no. LLC filing as partnership, yes. S-Corp and C-Corp, yes. Also known as go read the instructions. ...yes ...For federal: If you meet all the tests, you may be able to claim your 17 year old as a qualifying CHILD (he lived with you most of the year and didn't support himself--the rules are differe... 29000 - 7850 -6800 = 14350 of taxable income. About $1600 in tax. So about $400 refund plus a teeny tiny bit of EIC. ...$14,100.62 x .052 = 733.23 733.23 + 14,100.62 = 14,833.85 The numbers above are pretty accurate now. I couldn't figure out the formula, I had to make a few educated guesses first, then ... Call IRS immediately at 1-800-829-1040. ...If you still have it, send it in to the address shown on the form. It should not delay any 2007 refund. ...You file as single (when you live alone you are not eligible for HOH). Get IRS publication 501 and do the support worksheet. Either you provided more than half of your own support (including an... |
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