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peppermintgex-blog · 8 years ago

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Also, wanted to post this since I just came across it on The Forums. I know it’s long, but I feel that it’s prob'ly important to read it and not put it under a read more:

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On gerggles IRS audit, I took an uber pool yesterday and guess who was sharing/carpooling with me from the airport? AN IRS AUDITOR AGENT. I showed him the relevant info from the last thread, the house tour video, the items he was claiming for “business” on his taxes, and how much gerg made. The IRS agent laughed and said “he is so screwed”. He said:

-to claim something/a room for business (like a home office) to fully claim it as a business expense it can only and solely be used for business, if your child may use the home office let’s say to do homework (personal use), it can only partially be claimed (50%, 60%, etc) and you would have to document and show how much of a percentage it was used for business compared to personal use -the only thing he could fully file as a business expense are the items necessary to film his YouTube videos (& related, merch,etc) so his cameras, mics, green screen, lights, editing software, etc. & computer (as long as said comp isn’t used for any personal use & just for vids) -if his filming equipment is used for any personal (non YT business) related filming then it’s only partially covered -the vast majority of the items gerg has filed as “business expenses” are not allowed and are not considered deductible (shit in the background of 1 or 2 vids, bathrooms, children’s beds/rooms/playroom, roof, shed, lawnmower, staircase, hallways, couches, bed, etc.) -filing these items are common knowledge not business expenses and if onion intentionally did this to save money and avoid taxes he is commiting a crime -bc onion & his family live in the main house (where about 50% of items are claimed for business) it is not considered a home office and absolutely cannot be 50% claimed for business, at the maximum maybe 20% but it would still be a red flag -his personal wardrobe (regular clothes he wears for personal life that he sometimes wears in speaks) are not “business expenses”, his teslas (both of them) are 100% not covered as a business expense (even if he uses it to drive collaborators, it could only be for the exact amount of hours he used it to drive them), the back up battery and solar panels are never & will never be covered & are considered luxury & not necessity -can only file a portion of the beds the collaborators sleep in for the exact amount of hours/days they sleep in them, must be documented, plus acknowledgment from collaborators w/ signature -the IRS will 100% do a house visit & he will be forced to comply (and no, a video tour means nothing to them & will likely be used as evidence against him) you have to have an IRL house tour (anything over 20% of a house claimed is immediate cause for house visit) -as they audit him, it will be concerning the past 3 years of his expenses/taxes, if they see red flags and a pattern of fraudulently filing personal items as business, which they will, they will go back even further to the past 5-10 years, basically anal raping him -if he has not carefully and meticulously been documenting each items use (hours/days used for business) AS IT WAS HAPPENING (or in the time period) with evidence, logs, 3rd party statements then he is fucked, they’re not covered, and he has to pay up those back taxes -he cannot rush right now to create or get the documentation/evidence of business use at the last 2nd after he was informed of his audit -if they IRS concludes he knowingly/intentionally filed items that were not used SOLELY for business as a full business expense on his taxes (agent said ignorance doesn’t count) then he will be SEVERELY fined, forced to pay every/all back taxes from the items he fraudulently filed as “business expenses”, have his YT wages garnished (take $ out from his paycheck), and almost most likely if not surely will be charged criminally for tax fraud, tax evasion, etc. and depending on how many years he’s done this for will affect the amount of criminal charges (which will result in jail time or probation & hefty fines) -even worse shit if he knowingly did this to be in a lower tax bracket (rich gets taxed more, poor gets taxed less) to pay less taxes -he is an independent contractor not a business owner -the IRS will factor in his 2nd house which is supposed to be for work/office/editing/filming and rip him to shreds over why then his family home is 50% “business expenses” -5 editing stations? They may (but most likely, since he’s a solo channel, not buy that excuse) let him slide on that, but only partially on the comps bc they’re used for personal too -IG selfies are not business related for gerg -shit gerg filed as “business expenses” for lainybots channel will not be covered (he will have to pay back taxes on all items he claimed for business for Lainey’s channel, i.e. Her equipment, her comp, the fireplace?!) bc Lainy would have had to been documenting that for years herself and file it under her name as a “business expense” (not gerg) & prove her “business” is regular & turning regular income/profit & not just a hobby for a stay at home mom -this will all result in the IRS audit ripping his asshole so deep that he has a serious chance of receiving jail time or porbation (criminal charges), backtaxes for everything he fraudulently filed as “business expenses”, massive fines for false filings, plus interest on all of it (which can add up based on how many years he’s been doing this), and if he can’t pay up (in the time or plan he has) they will start garnishing his YT paychecks, seizing his assets (such as his cars, expensive equipment, electronics, even his 2nd house, or any other properties in his name i.e. His mothers house/his old house-they go for the most expensive first) could all be FORCEFULLY seized to pay off his debt to the IRS, these seized assets will most likely occur since there’s no way on earth onion has enough money to pay off the massive debt he will soon owe -he is without a doubt 100% “literally” committing a crime. being his 2nd audit regarding improper filings for “business expenses” (divorce from skye was 1st audit) they will show no mercy & not believe he was ignorant of the law, therefore showing intent to defraud, which is a crime of tax evasion, tax fraud which they will fully go after him for $$$ wise, possible court too since it’s not his first time & intention to commit fraud to benefit financially

>Tl;dr Best case- they fuck him hard but don’t prosecute him for criminal charges but will still owe a massive amount of backtax, fines, interest, but give him a generous payment plan that he spends many years paying off, wages garnished, has to sell tons of shit, downsizing a lot Worst case- goes to jail for a few months, probation, assets seized, broke, files for bankruptcy, has to move to a studio apt, is toast & spergs like we’ve never seen

Plus IRS agent said that any anons can go on the IRS website and speak to an agent on anon & ask them hypotheticals/questions

Saged for long ass post (rry sorry just tried to distinguish solid faxxx from an IRS agent from our educated guesses)

EDIT: for additional information

-Sarah is not considered an employee, not bc she’s underage, but bc of her age requiring paperwork, in accordance with their state law, she would require a form to be signed by her parents & school, the employer (grease) would require special permits, special insurance, as well as records proving age and documentations of work (along with not “working” between 7pm-7am) -Sarah’s travel expenses, her “paycheck”, and bed, shower, & food, etc can not be considered business expenses (or included in partial business expense for an item i.e. “race car bed collaborators slept in!!1” -Billie is not considered an employee, even though an adult can be in a romantic relationship with their employer(s) and still be legal employed, she & onion never filed any W2 forms & have no proper documentation of her hours/work/use of items being covered as business expenses -Billie cannot have travel expenses covered bc the beginning travel and all the rest of the flights were due to personal reasons, she didn’t fly to them to be their employee -Billies “paycheck” isn’t covered bc no proper documentation of hours/work/etc, no receipts, no contract (sex slave contract doesn’t count), no taxes taken out of her pay (under the table payment, these would be filed be filed under billies name), no statement by Billie stating it was in exchange for labor (w/ hours, job description) -Billie can be considered an independent contractor to onision (an independent contractor himself), but without documentation of what exact hours she worked, etc then there’s no way to prove when, what, & if she worked for gerg, therefore not covered, leading to all her expenses and use of items filed as “business expenses” to not eligible to be covered as business as well. -Since no documentation for Billies “work”, it could be seen as a luxury personal expense (such as sugar babies being paid by their sugar daddies) -cannot have any collaborators (other big YTers) travel expenses covered unless he kept all the plane ticket receipts w/ proof that they were flown out for reasons directly related to his YT “business” -a video of him and the collaborator(s) is not legitamite evidence enough, bc it does not prove they were not there (or flown out) as friends for personal reasons, such as a friend in vlogs (& YTers don’t deduct their expenses from their taxes) or hobby (such as Lainy is not paid a prectage of every vid of gregs shes in) -could say maybe they’re (unpaid?) actors (depending on state, some sign up w/ actors guild is required, some not) but would still have to show evidence of receipts, documented AT THE TIME PERIOD (not years later) of exact days/hours worked (also with time items they used i.e. beds, 2nd house) but that’s really a big maybe -this nigga can’t file shit for any of his fake employees (jailbait) & YT ex-friends as business expenses on his taxes bc he has no documentation & are illegitimate

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