How Is Findom Taxed and Other Questions You Only Ask Your Furry CPA
Some definitions…
First, let’s define what a CPA does and get some liability stuff out of the way. CPA stands for Certified Public Accountant. This means I am licensed by the state where I live, California, to provide accounting services to the public across the United States. My day to day is breaking a problem down to its smallest parts and then putting it back together. I analyze the what, why, how, when, and who of monetary transactions, mostly focusing on tax and bookkeeping.
Information in this article is not direct tax advice for the reader; make sure to contact a qualified tax professional to discuss your specific situation.
How is Findom Taxed?
First , a working definition of Findom. Findom is the act of “Financial Domination” and a subset of BDSM in which the dominant “forces” the submissive to give the dominant money with no benefit to submissive. Like a bully taking your lunch money, but you asked them to.
Findom is taxed rather simply…
EU GPSR & You
There has been a lot of fear, uncertainty, and doubt regarding the EU General Product Safety Regulation going into effect December 13, 2024.
It’s understandably stressful to discover a new business regulation, but the goal of these governmental initiatives is never to crush small businesses.
What is the GPSR?
The GPSR (which the author’s brain refuses to type first try in the correct order) is a set of standards that specify the safety and performance criteria of products sold in the EU. The goal is to protect consumers from unsafe products.
It’s a good thing!
