{ "media_type": "text", "post_content": "I have an under the table internship with a Hedge Fund on my resume - they paid via Venmo. \n\nHow do I disclose this in a background check for my new firm", "post_id": "5ffe3f0151c35f002fcb07f4", "reply_count": 33, "vote_count": 5, "bowl_id": "552d1d24dc1c586b09d2d051", "bowl_name": "Consulting" }

I have an under the table internship with a Hedge Fund on my resume - they paid via Venmo. How do I disclose this in a background check for my new firm

funny
Posting as :
works at
You are currently posting as works at

Uhhhhh..... sounds like a huge corporate no-no that it’s under the table & they paid you via venmo?

like

Unless OP claimed the income, it most certainly is tax fraud.

like

What firm are you trying to get hired at? I would actually consider bowing out of this hiring process. If you’ve already submitted your resume and the info for the background, it’s gonna look super sketchy if you say “never mind” and rescind that info. If you continue with it, you run the risk of it not clearing and you have much bigger issues.

like

I cleared it up everyone. It was a paid internship (only 2 months). They haven’t yet filed a 1099 for this year, so that’s why I don’t have one. I am an idiot and assumed that because it was via Venmo that they would not be disclosing it. They are smarter than I am

funny

Venmo is PayPal

Did you get a 1099?

I just did after figuring out the answer to my question

lmao if they paid via venmo, how's it different than a babysitting job?

Except EY1 isnt trying to pass tax fraud off as work experience on his / her resume

funnylike

Maybe they consider it a "gift" 😂

Not particularly helpful, but as an FYI, if CheckR is asking for tax documentation, it means they have been unable (or unwilling) to verify your employment with your former employer. Most verification requests only consist of 3-5 outreaches to an employer before they’re closed as unsuccessful. Background screening companies will usually ask for documentation on or after the last attempt. It’s also entirely possible that your former employer has been flagged, or has a reputation of tax fraud, and they’re asking you for documentation, per policy. All that being said, you claiming anything at this point would likely be unverifiable through the company and would likely require documentation on your end. I would seriously consider actually looking up documentation one would receive, if any, from an unpaid internship before just claiming that. Important to note, that if your former employer ever does call CheckR back and provide the info, they WILL notify your employer. Sounds unlikely though since your former employer likely committed tax fraud. Sorry for the doom and gloom — Just worked in the background screening industry for a while

If I provided 1099/W2 for all employment when I submitted my background check with checkr would that speed up my processing time?

Couldn’t you say it was unpaid internship?

I am no longer saying it was unpaid because it was paid. I am telling you folks that I’m an idiot and over reacted way too quickly

Did you get an offer letter you couldn’t refuse?

Related Posts

If we were rejected for an internship position is it still okay to contact the recruiter for a jr position?

like

Hi there! I’m curious if anyone has tips for approaching a case interview or a framework to follow for a consulting internship?

like

Up vote in remembrance of NYC Summer Yik Yak, internship class of '14

like

I am pursuing post graduation in Finance. And looking for a summer internship in Finance field in Toronto. I applied online in many banks and financial institutes but got no response. Do you guys have any other suggestions in mind?

like

Anybody in PwC recruiting? Do you know how one can apply for internship in PwC?

Little sister is starting her internship soon. Will be making some decent money. What financial advise can I share with her? Should she open an IRA account or any other account? Will have about $20k-$25k in student loans when she graduates college. Very minimal savings so far

uplifting

How do you handle attraction in the work place. During my summer internship I was really attracted to this girl I shared a office with. She was way out of my league so I didn't even attempt to ask her out or anything. Plus you don't hookup where you vlookup. During one of the days she wore a really short skirt and I got a bit aroused. Since my housing was really close, during lunch I went home and fixed the issue. How do you handle being aroused at work?

funnylike

Anyone from KPMG willing to refer me for a advisory summer intern under digital lighthouse? Worked at deloitte for 2 years top performance, going to masters now. :)

like
like

Had an intern whom I could not recommend for hire. She didn’t report to me directly so I never gave her feedback directly. She just asked if she can list me as a reference How would you respond?

like

Thoughts on GS+P as an intern/junior?

like

Anyone here leave Deloitte/PWC/KPMG, go to B-school - intern at better consulting firm like McKinsey Bcg, and get school paid for by them? Sounds like a smart move to me

like

What should I make my freelance rate for a copywriter that has Internship and college writing experience?

like

Hi everyone. It's a bit awkward for me to say this but I'm looking for copywriting intern/ jr copywriter/freelance roles. If anyone knows of a place please let me know. Thank you.

like

I did an internship with a boutique consulting firm that got extended for a full year while I was in school full time as well. On top of that I have 16 months of experience in my B4/T2 consulting firm, and I have a ton of other experience on top of that interning at banks and startups. TLDR; I have 3+ years of experience, 1 year at a small consulting shop and 1.5 years at B4 upon graduation. Is it true that none of this experience really counts?

like

Should I shave my beard for my first day? I was told from my past internship in finance that it’s a good move but I don’t wanna shave

like

I have 1 year of intern experience and I’m currently in my first year of working as a swe making 93k in nyc. Is this too low for a swe in the nyc region and given my bg? What did y’all start off with?

like

Assuming you started out of college in consulting, do you include internships or other companies? I have more than enough to easily fill the whole page w ACN, thinking about removing my internship

like

How do you know when to sell a stock? I took a gamble and put my internship money on one stock, am up ~8x but its now >>50% of my net worth. Should I sell now? If so, how much?

like

Curious -what are some crazy things you were asked to do in order to land an internship? Creative applications?

like

Additional Posts

Is losing a parent supposed to hurt this much? Doesn't feel natural. Depressing is not the word, it's worse. 😞

like

Brands that have successfully become a part of culture through their marketing efforts and why? Bonus for tech or b2b. ✨

like

Best movies on amazon prime / Netflix? Brownie points for thriller/action

like

Leaving the country while on the bench and with a project lined up?

funny

I’m 4 rounds into the interview process for an Assistant Controller position in SoCal. For the next round, I’ll be meeting with the Controller, Accounting Manager, and 5 other junior accounting staff. I’ll have 30 minutes to explain a month-end close task (of my choice) to the accounting team. Also, I’ll have to analyze a random reconciliation and explain improvements that can be made. I’m just a 2nd year manager, so I’m getting so nervous, and any insight or tips would be appreciated!

likehelpful

Who has the best health insurance? PwC, Deloitte, EY, or KPMG?

like

Does anyone have experience with Lemonade homeowners insurance? Annual savings for me is ~$1600. Thanks FB!

like

Just got laid off today 😥 super sad

like

Have an upcoming case study for a Sr FP&A role. Any recommendations for FP&A specific resources to prepare?

like

Interviewed for a position that I don’t have much interest. Should I send a thank you message?

like

Anyone know the difference between title from job posting when applying and your title/role in the internal Accenture system? Started at Accenture today and mine don’t match

like

Is it appropriate to show or offer to provide your evaluation reviews from your current firm to another firm that you are interviewing with for a prospect position? Does that help you land a job ?

like

What is an average salary for an experienced account supervisor in NYC?

Hi all! For an experienced hire as a Human Capital Consultant at Deloitte, what should I expect the salary/sign-on bonus to be at a MCOL city? I have approx. 3.5 YOE (non-consulting), MBA and MS degree (non target school) and also SHRM certified (which is probably irrelevant for the role but thought I’d share anyways). Already did my research but the range is kind of all over the place for experienced hires so just want to have a ballpark. Thanks!

like

401k rollover question — has anyone rolled over their 401k to their Roth IRA instead of a traditional IRA. or new company 401k? Can you explain your strategy here?

like

Nurses are quitting rapidly rejecting vaccine mandates and y’all are trippin about who has the vaccine and who doesn’t? 😵‍💫😵‍💫😵‍💫😵‍💫

likesmartfunny

I hate my project and I’m beginning to realize that burning out is a possibility.

like

LEK vs Parthenon? Heard both are sweatshops. Would love to hear real life data points. Thank you in advance!

likefunny

Any recommendations for MBA admissions consultants? Getting sticker shock looking at the prices…

like

Got laid off on Monday. Felt okay at first, but now feel inadequate and useless since Julie Sweet mentioned the 25K that Accenture laid off were low performers. I know I wasn’t a poor performer, I got dinged for not doing enough projects in my practice, but still go top reviews for my projects. Just want to vent.

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
Download Fishbowl to see what others are saying
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the Fishbowl app

Get realtime notifications and see
what's happening in your industry
from the palm of your hand.

For account settings, visit Fishbowl on Desktop Browser or

General

Legal