1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

Real SSN with CPAs? Pay Taxes?

Discussion in 'BlackHat Lounge' started by nam6641, Dec 3, 2008.

  1. nam6641

    nam6641 Supreme Member

    Joined:
    Nov 15, 2008
    Messages:
    1,478
    Likes Received:
    916
    Location:
    East Coast
    Wondering if anyone who has been doing this for 1+ years can offer some guidance in relation to giving your social security number to CPAs and do you pay taxes on your income?

    I HATE giving anyone my SSN so I intentionally transpose two of the numbers when I sign up to CPAs. Will this get me kicked out? Or do they never verify it?

    And do you pay taxes? I hate the idea of slaving to learn methods, spending countless hours trying and testing them, spending even more time implementing them, then some more time with upkeep each day, and then having to give away 1/3 of my profit for Obama to give it to the poor people who don't work because welfare pays more then working at McDonald's (so they decide to stay home and collect free money while I work my azz off trying to make this money). Anywho, sorry for the rant.

    Thanks for any answers! (if you don't want to publicly post your tax strategy feel free to shoot me a PM)
     
  2. cparainmaker

    cparainmaker BANNED BANNED

    Joined:
    Jan 17, 2008
    Messages:
    377
    Likes Received:
    71
    Oh yeah great fucking idea, tax fraud I love it.

    p.s. Obama is an idiot, just form a corp and talk to an accountant or uptown and learn to defer all your taxes.
     
  3. Jaz

    Jaz Regular Member

    Joined:
    Apr 28, 2008
    Messages:
    218
    Likes Received:
    77
    Location:
    On the Highway To Hell
    If you have "profit" your doing things wrong.
    There are legal ways of lowering/eliminating your taxes.

    The way you are speaking will eventually catch up to you and the IRS will make you wish you were dead.

    Basicly you need to set up a corporation and start writing off "business" expenses.
    I'm sure other will chime in with more detail than I am providing.
    You should be able to greatly minimize or eliminate your tax burden, and do it legally.
     
  4. drd26

    drd26 Junior Member

    Joined:
    Aug 9, 2007
    Messages:
    114
    Likes Received:
    160
    Location:
    SC
    Yes, you'll have to give a real SSN or EIN to the companies. They're going to report income via a W-9 form if you make over $600. I understand you don't want to pay taxes, never met a person who did, but it's a necessary evil to be profitable in this field.

    Also, as others are saying setting up a corp will help you out. Talk with uptownbulker about setting this up as he's one of the most knowledgeable in respects to this on the forum.
     
    Last edited: Dec 3, 2008
  5. justthinking

    justthinking BANNED BANNED

    Joined:
    Aug 13, 2008
    Messages:
    475
    Likes Received:
    464
    They will find out. It is quite simple for a business to verify your SSN. Check out the SSA website:

    Code:
    http://www.ssa.gov/employer/ssnv.htm
     
  6. Atomic21

    Atomic21 Junior Member

    Joined:
    May 8, 2008
    Messages:
    182
    Likes Received:
    35
    Location:
    USA
    Always pay your taxes or the IRS will get you eventually. You can make it real simple. Register a business name with the state you live in. Get an EIN from the IRS website. You can then give the CPA your business name and EIN number instead of your SSN. You can just file as a sole proprietor. No need to form a corp right now unless your making tons of money. You can still write off all of your expenses with a sole proprietorship.

    Don't talk about Obama. Politics are a no no on this site. :D