How will people be able to add prostitution tax write offs during tax season when it's time to file? They will be in hot water with their spouse.
And some farmers are already setting up shop growing weed in Texas where it is still illegal. The state is just allowing their buddies to set up shop first.
Sometimes, you gotta pay to play....
I think your missing the point here (unless I'm mistaken by your comments?).Originally Posted by suckaforlove
How will people be able to add prostitution tax write offs during tax season when it's time to file? They will be in hot water with their spouse.
Decriminalization is not the same thing as legalization. But furthermore there is absolutely nothing stopping a sex worker from filing taxes even now. The person engaging in the hobby for fun (i.e. paying) can't use tax write offs anyway. Even were it legalized you couldn't unless the tax code provided new provisions for writing off money spent in those ways (they would never do this btw).
People who run various businesses in sex work, whether hobby site operators, hobby providers, pornography business (OFs, pornhub, indy couples, online sex biz partners....), strip clubs, and so on can all still file taxes. There is no reason they can't. They can do that now. The IRS is not LE. That being said if you became the 'Al Capone' of some sex industry work could a federal agency "use" tax filings against you or your biz partner to prove something? Possibly. Extraordinarily unlikely though.
You would have to get an extraordinary level that such agencies were alerted to your presence and the activity was considered socially harmful and as nefarious as something like the IRS Al Capone scenario (or other large more modern illicit activities organizations for example - i.e. cartels). Other than though you don't even have to hide it. You could write sex promoter, sex worker, adult site operator, etc directly in the tax return, not even trying to hide it, and you'd be fine. Granted most won't do that. They will say they are "consultants", "dating site operator", "masseuse", "therapeutic consultant"......
-MG
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