Discreet cash flow questions

TheInternetHustler · Aug 11, 2008

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?

bruce6667 · Aug 11, 2008

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.

cparainmaker · Aug 11, 2008

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?

TheInternetHustler · Aug 11, 2008

bruce6667 said:
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.

I am 16, I don't want an EIN because I don't plan on paying income tax on this money.

lowboman said:
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?

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.

ifwearner · Aug 11, 2008

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.

TheInternetHustler · Aug 11, 2008

ifwearner said:
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.

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.

svakanda · Aug 11, 2008

kill them.

TheInternetHustler · Aug 11, 2008

svakanda said:
kill them.

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.

sugarwillis · Aug 12, 2008

TheInternetHustler said:
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.

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..

MaxSteve · Aug 13, 2008

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.

TheInternetHustler · Aug 14, 2008

sugarwillis said:
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..

"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.

FromANetwork said:
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.

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

n8800 · Aug 14, 2008

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.....

Discreet cash flow questions

TheInternetHustler

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bruce6667

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cparainmaker

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TheInternetHustler

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ifwearner

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TheInternetHustler

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svakanda

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TheInternetHustler

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sugarwillis

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MaxSteve

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TheInternetHustler

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n8800

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