OT: Tax Time almost here. Anyone making strip club deductions?

Strippers are certainly a liability and not an asset. I remember that lesson from accounting class.

So if you’re writing off a stripper as a deduction do you to take depreciating all in the first year or spread it out over the 3 years the relationship lasts?

Send 1099s out to any dancer you paid more than $600. to in 2017.

Take a client.....if you have one with an open mind................eat there, talk a business....something along the lines of "how's work?"

On a different note and a bit more serious typically the guys who pay taxes tend to cut back on their trips to the clubs in April and it leads into what can be the slow season...taxes, end of school, summer, etc.

I've mentioned this on here before. Some agree. Some do not but overall since I started going back to clubs, 2016, there are not as many club patrons and there is a definite decline in the male species known as the "whale".

I’m in sales and I’ve always thought April was a horrible month for sales no matter the weather. Only thing I can blame it on is... TAXES

Get the girls to fill out a W-9 form and get their SS#. Independent contractors.

I think $14,000 to a single girl is where you legitimately have to include your expenses on your tax forms.

I have asked a question like this several times before. I don't see how you could deduct it, but then it really depends on the IRS. Claim it as a business expense, entertaining?

I find the more interesting facet of this to be, has anyone ever put his P4P women on the pre-tax side of the ledger? Hired communications consultant? Photo model? Some other kind of contract employee? But understand that this is outside of the strip club.

Subletting her apartment, checks going to the landlord?

Some otherway of paying her bills?

SJG

^^^^^ I believe that most of the biz travelers are getting the motel bill paid pre-tax. If they were the CEO, that money could just be added to their salary. But making it a biz expense makes it pre-tax.

SJG

I have a very close friend that writes off his twice a month $250 a visit Escort. She goes down as a Life Coach/Communications Consultant.

Strip clubs are my biggest tax deduction. I tell the IRS I gave the money to Charity.

Tuition and Fees Deduction.

Aren't all strippers in nursing school?

Jackslash, I'm a little bit skeptical of your claim, charity deductions require receipts and the federal number for the charity.

About Life Coach and Communications Consultant, that's the sort of stuff I mean. But there are still documentation issues. I would not try it without the assistance of a knowledgeable tax preparer. And even he cannot really know the whole story.

SJG

I wouldn't want any form of paper trail or payment record to exist between me and the strippers I interact with. And that "life coach" thing sounds great until you get audited. Then it's less great.

I got mine back this morning.......sh8t I hate paying taxes............there is a lot of lap dance money going to some ugly ass people in DC and not strippers.........

Sadly - the only profession where the expense of strippers can be a deduction is being a painter.

The support of single moms - one dollar at a time - still isn’t a legit deduction.

Even though some of us worship and have quasi-religious experiences at strip clubs - the money we spend isn’t considered charitable.

Women who work at a strip club might also be employed in some other capacity by a business, and hence that is one of their expenses.

Putting a mistress on the payroll, don't people do that?

http://www.palisadeshudson.com/2017/03/p…

If done carefully and knowledgeably, seems like it could work.
SJG