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Because if this exploit is ever used in breach of the computer fraud and abuse act, now you are down as a conspirator. When you sell this to another party, are
by gretch 3y ago
Because if this exploit is ever used in breach of the computer fraud and abuse act, now you are down as a conspirator.
When you sell this to another party, are you going to report it on your taxes? If you do report it, is your buyer going to like that?
If you clear all those conditions, then by all means.
- xyzzyz 3y ago> When you sell this to another party, are you going to report it on your taxes? If you do report it, is your buyer going to like that? You don't need to declare who gave you the money on the income tax filing.
- saagarjha 3y agoThen you get investigated for money laundering?
- wpietri 3y ago> You don't need to declare who gave you the money on the income tax filing. Don't you? I thought that in the US you needed to have either a 1099 or a W2 for any significant employment income.
- NavinF 3y ago- this isn't employment income, that's a separate category with higher taxes - you want the payment sent to your LLC or similar, not directly to you. See above - the requirement to file a 1099 is on the payer, not the worker - many transactions don't require filing a 1099, most notably all payments made using a credit card. If you're an independent contractor in the US and accept credit cards, you'll get paid 5 minutes after sending an email instead of 30 days later after it goes through layers of approval