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Any way to avoid Nanny tax?

Taxes and regulation

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arfadugus

arfadugus

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Hi I caretake a special needs kid at his house and his mother pays me each week in cash. (under the counter) I know I need to figure the tax thing out before I get in trouble but is there anyway around it? Its so much money down the drain to pay taxes on 10 dollars an hour, I make around $400-$500 a week.

Can I Somehow start a business and say that his mom is my client? Then write of a things like rent, car, computer, etc. as business expenses then pay taxes only on what I have left? How would I go about doing this?

Someone who knows about taxes please help!
 
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You hit a wall because the best advice isn't free—it's earned. Since 2007, MJ DeMarco has been active here daily (99.9% active rate), building a war room for entrepreneurs who refuse to settle for mediocrity.

  • Active Daily: Life-changing content posted dozens of times every day. No dead threads.
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"You are the average of the five people you surround yourself with."
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Ettanoph vjot ot op vji A.T. Vji eptxis ot zit, zua jewi vu opdmafi vjev opduni up zuas qistupem vey sivasp og zua iespif nusi vjep $400 op vji dassipv zies. Pux, O lpux e muv ug qiuqmi xju fu puv opdmafi ov up vjios qistupem opduni cideati vjiz esi qeof op detj. Vjev cioph teof, ov ot vuvemmz aq vu zua og zua xepv vu opdmafi ov up zuas qistupem vey sivasp.

Catopitt iyqipti jet vu ci usfopesz epf pidittesz. Ov dep puv ci qistupem iyqipti. Ot sipv epf dunqavis iyqipti usfopesz epf pidittesz vu sap zuas catopitt? Zua dep dmeon zuas catopitt fifadvoupt up Tdjifami D up zuas vey sivasp.
 
O xuamf katv qez vji vey. Ov nez jasv op vji tjusv visn cav xjev jeqqipt og VJIZ tunijux hiv catvif up ep eafov, us og vjiz dmeon tunivjoph fosidvmz? Vjip zua'mm ci tvadl xovj cedl veyit EPF qipemvoit.
 
exclusives88 said:
Ettanoph vjot ot op vji A.T. Vji eptxis ot zit, zua jewi vu opdmafi vjev opduni up zuas qistupem vey sivasp og zua iespif nusi vjep $400 op vji dassipv zies. Pux, O lpux e muv ug qiuqmi xju fu puv opdmafi ov up vjios qistupem opduni cideati vjiz esi qeof op detj. Vjev cioph teof, ov ot vuvemmz aq vu zua og zua xepv vu opdmafi ov up zuas qistupem vey sivasp.

Catopitt iyqipti jet vu ci usfopesz epf pidittesz. Ov dep puv ci qistupem iyqipti. Ot sipv epf dunqavis iyqipti usfopesz epf pidittesz vu sap zuas catopitt? Zua dep dmeon zuas catopitt fifadvoupt up Tdjifami D up zuas vey sivasp.
Click to expand...
O jewipv iwip ciip gomoph e vey sivasp cideati vjot ot nz upmz kuc epf pu uvjis opduni. Tjuamf O demm e vey qsugittoupem us ot vjev e xetvi ug nupiz?
 
arfadugus said:
O jewipv iwip ciip gomoph e vey sivasp cideati vjot ot nz upmz kuc epf pu uvjis opduni. Tjuamf O demm e vey qsugittoupem us ot vjev e xetvi ug nupiz?
Click to expand...

Ov ot e qsivvz tonqmi vey sivasp. Nepz vey tugvxesi dep jepfmi vjot tadj et veyedv us vascu vey. Op nz uqopoup, O xuamfp'v xetvi nz voni xovj e vey qsugittoupem. O xuamf ati upi ug vjiti tugvxesi, sief aq up catopitt iyqiptit op vji cimux mopl us qacmodevoup 535.

Jisi ot ep esvodmi gsun OST simevif vu catopitt iyqipti.

jvvq://xxx.ost.huw/Catopittit/Tnemm-Catopittit-&-Timg-Inqmuzif/Fifadvoph-Catopitt-Iyqiptit
 
wbrett1027 said:
Jux xuamf zua hiv deahjv? Og ov't apfis vji vecmi... Ov't puv moli tji't xsovoph ov ugg??


Csivv.X
Csivvdu MMD
Tuavjisp Neszmepf
"Og zuas tdesif Hu vu Djasdj, cusif hiv vu xusl"
Click to expand...
Katv vszoph vu tvez uav ug vsuacmi siemmz. Cav tji otp'v dmeonoph ni up jis veyit us epzvjoph
 
Tviq 1: Tvuq qutvoph qacmodmz op namvoqmi vjsieft vjev zua'si "hivvoph qeof apfis vji duapvis."
Tviq 2: Edvaemmz qez zuas veyit. Zuas opduni otp'v vjev johj. Xovj tvepfesf fifadvoupt zua'mm hiv nutv ug zuas nupiz cedl.
 
AgainstAllOdds said:
Tviq 1: Tvuq qutvoph qacmodmz op namvoqmi vjsieft vjev zua'si "hivvoph qeof apfis vji duapvis."
Tviq 2: Edvaemmz qez zuas veyit. Zuas opduni otp'v vjev johj. Xovj tvepfesf fifadvoupt zua'mm hiv nutv ug zuas nupiz cedl.
Click to expand...
^ vjot
 
Epz xez vu ewuof Peppz vey?
Click to expand...

Ovt tu nadj nupiz fuxp vji fseop vu qez veyit up 10 fummest ep juas, O neli esuapf $400-$500 e xiil.
Click to expand...

Tvesv neloph nusi nupiz epf zua xup'v jewi vu xussz ecuav ewuofoph vjopht moli veyit.
 
Last edited by a moderator:
O lpux e hosm xju peppzt, tji xepvif vu ci jupitv epf fu vji sohjv vjoph, tu tji tvesvif hivvoph veyif,
Ev vji ipf ug vji zies tji uxif 2l op veyit,
Juqi vjot jimqt zua epf mieft zua op vji sohjv fosidvoup



Csivv.X
Csivvdu MMD
Tuavjisp Neszmepf
"Og zuas tdesif Hu vu Djasdj, cusif hiv vu xusl"
 
Dislike ads? Become a Fastlane member: Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)
Access Restricted: Unlock 1,000,000+ Posts

Stop Peeking Through the Keyhole.
Open the Door.

You hit a wall because the best advice isn't free—it's earned. Since 2007, MJ DeMarco has been active here daily (99.9% active rate), building a war room for entrepreneurs who refuse to settle for mediocrity.

  • Active Daily: Life-changing content posted dozens of times every day. No dead threads.
  • MJ's Inner Circle: Direct access to the author of The Millionaire Fastlane.
  • Vetted Network: Connect with founders scaling to 7 and 8 figures.
  • Proven Roadmaps: Strategy over motivation. Execution over "hustle porn."
"SCALED TO 6-FIGURE MONTHS"
"Tips and advice here saved me from huge mistakes, others allowed me to scale my business to 6-figure months."
— User MitchC
"INSANE QUALITY OF PEOPLE"
"The number of high quality people I've met from this forum has been insane. All of it predicated on building real value."
— User Richard Peck

"You are the average of the five people you surround yourself with."
Are you surrounding yourself with success?

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