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…