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That shit is reported to the IRS, they don't hand them cash under the table.
"Good afternoon IRS,
I'm illegally collecting rake in online app games. Please tax the attached income I've received via illegal rake."
???
I mean technically you’re supposed to report any illegal income too, they still want their cut.
If you pay taxes, the IRS doesn't care what you do.ibe known drug dealers who pay taxes.
I've known some dealers who would wait tables and excessively over claim their tips. It allowed them to justify their income for taxes, and also allowed them to secure car loans or a mortgage approval.
Lmao that’s a special kind of stupid. You have an illegal cash business they have no idea about and never will but you’re going to tell them and give them money?
This is how they take down high level criminals. They can't prove the extortion or loan sharking, but can prove the tax evasion.
Yes, like mob bosses, not drug dealers which is what I’m talking about. I’m not talking about the heads of massive criminal organizations.
You’re dumb
Say the 2.0 gpa 🤣
Everyone watch out! Big brain coming through!
Lol thanks! Did you waste your time getting a good gpa? I had other things to do
Actually I take it back I wish I had at least a 2.5
Form 3949-A
Keep telling yourself that.
Uh, yes, there is a form for that exact scenario.
Look who doesn't know their tax laws.
You are required to pay taxes on illegal income, and fill out the appropriate forms.
And the fact that you filed that form cannot be used as evidence against you that you committed the crimes.
Form 1040, line 21, or on Schedule C or Schedule C-EZ (Form 1040) is the appropriate line item for income from illegal activities.
Well yeah - I'm a construction defect lawyer, not an LLM nerd.
Edit: I just found the article written by Eric Cole where you literally copied and pasted his work into your comment. All to make it look like you know tax law? That's kinda sad my boy.
So you're saying you could have fact checked yourself with a 6 word Google search?
I'm thinking being a lawyer isn't that hard.
Yeah - that seems to be the case. You learn something new everyday.
However, I didn't state any facts; I quoted a hypothetical email. In any event, you still don't report where the income came from, you just report it generally.
Also, you should give it a try. You might be good at it. Probably not, but there's always a chance.
Nah.
I'm not going back to do any meaningful work in society until society magically repays me the $800,000 I've been robbed of.
For now, my greatest joy is spending my time figuring out how I can destroy people and hurt them in a 100% law abiding manner. And I've been successful in that so far. Successful enough that big old mighty Texas even wrote a stupid draconian law in response. I can't imagine a better result. I got a form of revenge, AND they will now be getting revenge on themselves through their own courts and justice system.
I'm a literal genius and a god.
Laws and regulations are written in blood and because some asshole got away with something until people got mad about it.
How many people can you say have shaped laws governing millions by being a dick after being wronged?
Robbing people and destroying them is a slow moving disaster. It's like dumping toxic waste in your water supply. It's like the legend of a man who built an armored bulldozer and destroyed his town. There was probably 25 years of chances for reconciliation for that soul.
I held the olive branch for nearly a decade. And I was still robbed and destroyed 3 times in a life altering way.
And so now I plot how to change the lives of others. Now I wasn't able to get back at those that hurt me, but that's not where society responds. They don't respond to justice. They respond when the innocent are hurt.
And if you can hurt the innocent in a law a law abiding manner, or convince them that a hilariously horrible law will protect those innocent, while actually hurting them, then you've achieved the delicious victory of an unhinged madman.
I'll probably never be able to live my dreams of being a psychotic self serving politician. But at least I can say I've fooled them once.
I'm not gonna lie to you, I'm not reading all that.
I'm happy for you though, or sorry that happened.
Idc it was just a copy paste
The people I know who have played in the game all pay through PayPal, venmo, cashapp, etc
Do they pay the guys directly? If so, that could be a problem if not reported.