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I can see no reason why cocaine couldn't be written off (say as COGS), provided that you're not snorting it yourself and also assuming you're declaring your income from dealing it and/or from clients who receive it as a gratuity.
Isn't it usually the john who pays for the coke?
Well, at least she says she paid off her Mom's credit card debt and sent her back to college. Which speaks better of her than a lot of those in that industry.
I guess the Internal Revenue will buy a copy, on expenses.
That apart, is her life style seems pretty like a typical younger Wall St dealer. Just a diffrent source of income.
Wow. Law school was a waste. I got paid way less than that and was regularly screwed by partners. And not in the fun way.
I share her sense that it's harder to manage your money when you find yourself making a lot of it at a young age. I, much to my surprise, started making 300k+ a year (some months my paychecks were upwards of 40k) by the time I was 25.
I think it's easier to get set in your ways if you start making 35k our of college, crack 100k when your 35 and maybe end up making 150k before you retire. But, when you're single and 25, making that kind of money, it's real easy to get used to the good life that can be had at that level.
That and your friends and especially your family get used to not having to pay for anything.
"I, much to my surprise, started making 300k+ a year (some months my paychecks were upwards of 40k) by the time I was 25."
What were you doing to make that much? Just curious.
I don't think you can call cocaine a necessary and ordinary expense of business. Otherwise, a-holes in Hollywood and the music industry would have been writing it off for decades.
Started my own technology consulting business.
I was making $2.5 million per year by the time I was 25 and invested it all in muni bonds and have not looked at since. Perhaps I should.
Diversity writes: "That apart, is her life style seems pretty like a typical younger Wall St dealer. Just a diffrent source of income."
And Wall Streeters fuck more people, harder.
A little titilation (Latin titillatus, past participle of titillare) on the 'white slave trade' is an important part of Victorian blog success.
If women were at all like men, about half of all men would be trying to get into lucrative careers in high end prostitution.
Ahh...stupid, stupid call girl. You don't carry drugs on you when you visit a client. If you get busted by a police officer, they throw drug dealing charges at you. Then they use those as leverage against you to turn on your management.