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Does your accountant know you sell porn?
Some people embellish the truth and will say "internet advertising" but not specify what it is they advertise or say "web design" etc but what if you have a ton of 1099's and some have obvious names like BANGBROS.COM inc in the heading? The accountant will need to see all the 1099's to type them in the computer.
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Some of the companies have discreet names, but some don't and have strange sounding names or names that are recognizable.
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Mine does.
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Pretty sure it's smart to be honest with your lawyer and accountant...
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I would NEVER hire a CPA that didn't know exactly what I did. It's the very first question I ask when I've had to look around and get a new one.
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If you only promote sites tho, is it still necessary to tell them? I mean what is the difference between promoting linkshare or something similar vs selling porn? The expenses will be the same such as advertising, hosting, pc equipment, office supplies etc. Does the product really matter?
Also won't every single male in the U.S know what Bangbros.com INC is (I have other 1099's but I think that one is one of the most obvious ones) I never met a guy who hasn't heard of them, I mean EVERY male that has been online would most likely know right? Is there a chance they wouldn't know? I'm just afraid of "weird looks". I am a very sensitive person. It's not that I am embarrassed of porn, I am just afraid of people having a negative "judgment" about me about ANYTHING, not just porn. I care about what people think of me (in general). |
why does the opinion of your accountant have anything to do with them doing your paperwork? as long as you arnt doing anything illegal then who cares? if they have a problem because you work in porn then shit get another one, its not like CPAs are hard to come by.
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I just have anxiety and I get overwhelmed easily especially in social situations. I would have anxiety with the accountant even if i didnt sell porn but selling it makes me more anxious. All my friends know what I do and I am fine with that. I am more afraid of strangers because I don't know them so it's more awkward. |
Affiliate marketing ... put when she did my tax return she put "computer sales" lol
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how old are you? and are you a m/f? sorry its pretty hard to figure out from your posts. |
I'm sure that the only thing your accountant cares about is your money.
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if you get a avn mag or it maybe avnonline, there is an accountant who advertises in the back.
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My accountant knows I sell porn - he's seen the invoices from my domainregistrar :)
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Glad thing our accountant knows what we do. Business is business, nothing personal.
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He has seen some of my domain names
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However, I do not 'only' sell porn. I do other things online. They do know most of my income is from online, and I do have 1099's to file for the models. So I am sure they read between the lines. :2 cents: |
yes SHE knows all about it lol, why hide it.. :pimp
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Two people you should never hide information from, your lawyer and your accountant. Disclose to them what you do. If they have a problem with it, fire them right then and there.
WG |
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Of course. there is no way of hiding this from your accountant.sooner or later they will find out, and it would be better to know if your accountant is okay with this in the beginning rather than later.
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My accountant thinks I sell pastries. But really, that's not something you hide from your accountant.
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He sure does, he stared in 4 of our videos :1orglaugh:1orglaugh:1orglaugh
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There are some CPA's that specialize in adult industry...
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hmmm, this thread made me think maybe I should not launch cpa-gangbang-cash.com
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My accountant not only does my taxes but handles my investments, and even did my will up for me.
You bet he knows all. And no, he doesn't have a problem with it. He's been handling my stuff for 8 years now. In fact I think he's actually a bit envious of how I make my living. |
I just needed a print up of my checks that I cashed from the financial institution... and that was all that was needed. :)
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The sure do, afterall I claim a lot of business deduction inluding domain names which surely leave nothing to the imagination!
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She get all the papers with domain-names and such stuff on them so I think she does.
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Well it would seem a bit strange if he did not and I was asking him to deduct 150 pairs of panties, 200 pairs of stockings, 150 bras, about 90 sex toys, video cameras, still cameras, lighting equipment, model fee's, assorted beauty salon bills, domain names, and well I am sure you get the picture.
Then again he is my father in law too. One thing that did strike me is you said you do not mind people that know you knowing what you do and just not strangers. Even before my accountant was my father in law all my previous accountants were very far from strangers. These would be people I would see and speak with often. Which would make them people that know me. |
mine does, and that's exactly why I picked him because he has experience in the field :)
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I have a tax advisor/lawyer who knows more or less what I do and an older female accountnant who works for him who might not be aware (I don't know/don't care).
edit: Bausch, heh... I wonder if you're so concerned about what people think about you, then aren't you concerned what GFY thinks about you? Just curious... |
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You do realize what a CPA does don't you? If you get audited who do you think you take with you to deal with the IRS? Is that really the time you want to be filling him/her in on what you're doing? I'd hate to find out then that they had a problem with what I do. Plus, you just answered your own question..... "its not like CPAs are hard to come by"..... you're right, so why not find one that has no problem with what you do? |
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