Did Anyone Screen Shot of Their VV Balance To Write Off?

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  • DavieVegas
    Confirmed User
    • Jun 2004
    • 6117
    #1

    Did Anyone Screen Shot of Their VV Balance To Write Off?

    I did. Now its printed out for the lawyers that need it and i'm going to write it off as a loss for taxes...Red Flags all over the Epass. Also, FBI was tipped off about this after today's announcement I am hearing from people with way more money then I have in it. FUCKING CROOKS!

    P.S

    Lets get behind shap also on this one. We all need some good news
    SKYPE#: davievegas - email: ddmedia702[at]mail[.]com
    Tags: None
    • Jdoughs
      Confirmed User
      • Mar 2004
      • 5794
      #2
      Google bomb www.meatspin.com with the anchor text "Chris Mallick".
      LinkSpun - Premier Adult Link Trading Community - ICQ - 464/\281/\250
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        • BloodFart
          Confirmed User
          • Feb 2004
          • 728
          #3
          Screencaps, legally as good as a notarized statement I suppose right?

          I fucked up tho, I only have an irc log talking about how much i lost, Im sure thats good enough for a write off too.
          Jesus = harry potter 2000 years ago.

            Comment

            • Jdoughs
              Confirmed User
              • Mar 2004
              • 5794
              #4
              I would think that neither a screenshot or a screencap of a convo will prove any losses.
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                • DavieVegas
                  Confirmed User
                  • Jun 2004
                  • 6117
                  #5
                  ya not sure about a convo but i did a screeen shot of the amount just in case
                  SKYPE#: davievegas - email: ddmedia702[at]mail[.]com

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                    • BIGTYMER
                      Junior Achiever
                      • Nov 2004
                      • 17066
                      #6
                      I hope the date is somewhere on the screenshot.

                        Comment

                        • DavieVegas
                          Confirmed User
                          • Jun 2004
                          • 6117
                          #7
                          Originally posted by BIGTYMER
                          I hope the date is somewhere on the screenshot.
                          I asked my lawyer. Its not needed since All i have to do is show the IRS if they ask all the epass threads when you search google that has the dates that all this happened on all the different news websites
                          SKYPE#: davievegas - email: ddmedia702[at]mail[.]com

                            Comment

                            • DavieVegas
                              Confirmed User
                              • Jun 2004
                              • 6117
                              #8
                              Also I printed out the sept 23rd message from epass stating the bad news.
                              SKYPE#: davievegas - email: ddmedia702[at]mail[.]com

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                                • PSD
                                  PornSiteDomains.com
                                  • Oct 2002
                                  • 1265
                                  #9
                                  According to IRS, they do not allow one to write off bad debts if they were not previously recorded as income. So for those doing accounting on a cash vs accural basis, you record income when you actually get it and since we never got it, well ...

                                  http://www.irs.gov/taxtopics/tc453.html
                                  PornSiteDomains.com

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                                    • Trader Fr
                                      Registered User
                                      • Dec 2004
                                      • 87
                                      #10
                                      how do you think IRS will help you.
                                      They will ask you the taxes for sure and let you down with your epass problem lol

                                        Comment

                                        • DavieVegas
                                          Confirmed User
                                          • Jun 2004
                                          • 6117
                                          #11
                                          JCK, IF you INCLUDE epass as income it DOES count for writing off even if you never received it. Its the same as getting paid and then paying out for advertising etc. so if you received 500 and then just sent 500 out you still need to have that paper trail recorded and it still needs to be counted.
                                          SKYPE#: davievegas - email: ddmedia702[at]mail[.]com

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                                            • DavieVegas
                                              Confirmed User
                                              • Jun 2004
                                              • 6117
                                              #12
                                              Originally posted by Trader Fr
                                              how do you think IRS will help you.
                                              They will ask you the taxes for sure and let you down with your epass problem lol
                                              Your lost and understand english before you post.
                                              SKYPE#: davievegas - email: ddmedia702[at]mail[.]com

                                                Comment

                                                • DavieVegas
                                                  Confirmed User
                                                  • Jun 2004
                                                  • 6117
                                                  #13
                                                  Originally posted by JCK
                                                  According to IRS, they do not allow one to write off bad debts if they were not previously recorded as income. So for those doing accounting on a cash vs accural basis, you record income when you actually get it and since we never got it, well ...

                                                  http://www.irs.gov/taxtopics/tc453.html
                                                  "To deduct a bad debt, you must have previously included the amount in your income or loaned out your cash"

                                                  I am including this in my income and I can write this off as a bad debt.

                                                  also,

                                                  "If you are a cash basis taxpayer, as most individuals are, you may not take a bad debt deduction for money you expected to receive but did not"

                                                  I did receive the money in epass(screenshot) which counts as income that I report.
                                                  SKYPE#: davievegas - email: ddmedia702[at]mail[.]com

                                                    Comment

                                                    • PSD
                                                      PornSiteDomains.com
                                                      • Oct 2002
                                                      • 1265
                                                      #14
                                                      Depends on when you record it, its an accounting thing.

                                                      Those who record their income on a cash basis do so when they actually physically receive/control the funds and so for those since they have not received the funds they can't record it yet and thus are not eligible to write it off. I guess you could say you "recevied it" by it going to epassporte.

                                                      Those who record their income on an accural basis do so when they actually earned it and so for those they would have already earned it and recorded it and thus would be eligible to write it off.

                                                      In any case, since you are recording it as received income accounting wise then you should definetely write it off. Just did not want people that are not reporting it as income to try and write it off.
                                                      Last edited by PSD; 09-24-2010, 12:01 AM.
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