Discreet cash flow questions

Discussion in 'BlackHat Lounge' started by TheInternetHustler, Aug 11, 2008.

  1. TheInternetHustler

    TheInternetHustler Regular Member

    Joined:
    May 16, 2008
    Messages:
    484
    Likes Received:
    392
    So my parents track my income(which is only from click bank right now) But I want cash that I can spend on whatever I want. So here is what I am thinking: First I will start making money with max bounty(maxbounty is based in canada and the don't have my ss# like other networks) I get the mail so I will keep my MB checks and cash my checks myself. The only problem is that I wont be able to pay income tax on this money because I am not telling my parents about it. I have nothing to worry about because max bounty don't have my ss#........ right?
     
  2. bruce6667

    bruce6667 Junior Member Premium Member

    Joined:
    Apr 6, 2008
    Messages:
    136
    Likes Received:
    104
    well how old are you... no offense but if you're under 18 things are just going to be more of a hassle. if you want to hide some of the money from your folks, get a new bank account and an EIN and another CB acct. and set it up to direct deposit.
     
  3. cparainmaker

    cparainmaker BANNED BANNED

    Joined:
    Jan 17, 2008
    Messages:
    377
    Likes Received:
    71
    you can also use neverblue they are based in canada and are way more chill than max bounty, can't you get a epassporte account and use the visa card they send you?
     
  4. TheInternetHustler

    TheInternetHustler Regular Member

    Joined:
    May 16, 2008
    Messages:
    484
    Likes Received:
    392
    I am 16, I don't want an EIN because I don't plan on paying income tax on this money.
    I will check out never blue, I guess the cc thing is an option but I was really was wondering more about not paying taxes and if I would have any problems with that.
     
  5. ifwearner

    ifwearner Regular Member

    Joined:
    Jul 24, 2008
    Messages:
    252
    Likes Received:
    51
    Dude if you live in the US you have to pay taxes on most any income you receive. You can see if you can get away with not paying- and if they audit you you'll end up like Wesley Snipes- the 'little guy' version.

    If you're just cashing 1k or less checks it shouldn't raise any red flags but if you go all super-affiliate you better seek an accountant's advice.

    Good luck.
     
  6. TheInternetHustler

    TheInternetHustler Regular Member

    Joined:
    May 16, 2008
    Messages:
    484
    Likes Received:
    392
    Yeah, the checks will be 1k or less a month, I just want some extra spending money. I wouldn't mind paying taxes, it's just that I cant do it(with this money) while living with my parents.
     
  7. svakanda

    svakanda Guest

    kill them.
     
  8. TheInternetHustler

    TheInternetHustler Regular Member

    Joined:
    May 16, 2008
    Messages:
    484
    Likes Received:
    392
    lol, I will pass on that one.
    I think I might just tell my parents I am spending more on things then I am(and spend the excess on things they might not approve of). For my purposes that will be fine.
     
  9. sugarwillis

    sugarwillis BANNED BANNED

    Joined:
    Apr 29, 2008
    Messages:
    147
    Likes Received:
    21
    Are you planning on buying a few Pounds of grass mate ? Or What ? its your earnings brother..... tell them to stick it.....

    If you intend on flat out not paying tax mate, buy some vending machines to produce cash cash........ there is a paper trail with all online income.... so your not just trying to foil your olds...

    I personally am about to get onto a few massage chairs for the nightclubs out my way to get some of that CASH CASH we all love so much....

    Good luck man..
     
  10. MaxSteve

    MaxSteve Junior Member

    Joined:
    Jul 6, 2008
    Messages:
    166
    Likes Received:
    254
    Occupation:
    Network Owner
    Location:
    Ottawa, Ontario, Canada
    Why not get a PayPal account? The likelyhood that they report your financial transactions to the government is much less that a bank would - unless of course you are cashing your checks somewhere besides a bank.
     
  11. TheInternetHustler

    TheInternetHustler Regular Member

    Joined:
    May 16, 2008
    Messages:
    484
    Likes Received:
    392
    "Are you planning on buying a few Pounds of grass mate ?" maybe I am:)
    I will pay taxes, I was just trying to think of a way to gets some extra cash on hand.

    I have a paypal account, I just need some extra actual cash, I am not trying to evade taxes.
     
  12. n8800

    n8800 Regular Member

    Joined:
    May 21, 2008
    Messages:
    484
    Likes Received:
    214
    i was in ur situation last year... i told them to back the fuck off i make 10k a month and i went on a fucking shopping spree.... Now i look back and say damn i should have saved that money cuz now i need it for college and need investment money....


    My advice is shop and buy stuff but dont go balls out.... I have 4 ps3's +4 plasma's but they arent making me any money are they? They are pretty though.....