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slippery slope...

Posted By: cj on 2009-08-29
In Reply to: Maybe you could solicit work from individual - docs, including papers and manuscripts,

that's all I need to say. Cash business is a very slippery slope when it comes to the IRS! Those docs' offices need (and WANT) to prove what they paid you for their tax write offs and you need to prove it for your income tax.


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Well, that's a slippery slope one, really.
its not like we're some big suits with top-secret formulas that we can leak to the competition.  Most of us just need to put food on the tables and one company can't fulfill that basic need. I used to freak out about it a lot, but then when I would tell one company or the other, they usually laughed and said not to worry. However, that said, back in the day of tapes and paper records, I was working for 2 companies. One cared about working for 2 companies, the other didn't.  The company who cared had a messenger service pick up my work every morning. I would just stick a big folder in my door at night when I was done work and open my door to see a new envie with new tapes each day. Worked great, sort of. The other company didn't have a messenger service but one morning decided to hire someone to deliver new books to us all at home, unannounced. The guy who delivered mine saw my envelope of work and took it back to the wrong company.  Gulp... That phone call sure made me get a few premature gray hairs.  Got snagged and had to confess to job #1, who made me choose between the two.  So, I don't know what to tell you, but sure wish you luck! Hopefully your 2 companies aren't direct competitors for the same accounts?
Like the OP said, it is a slippery slope.
If you sign that paper but are working for another company, you have committed fraud with that agreement.

The company could not only fire you (they don't have to have a reason to fire you) but could really make legal trouble for you.

I have been faced with this same situation and just explained quite honestly to the company I worked for part-time that I needed the income but that I do have a regular full-time job. When I disclosed it, they were accepting of it.