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  #11  
Old 07-04-2013, 07:59 AM
Chineau Chineau is offline
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Join Date: May 2011
Location: Manitoba, Canada
Posts: 33
Cash is ok

I can't say it is the same down south as it is for me but consider. If you do cash and don' t pay the man taxes when the time come to get finance for the new mower or such how do you show them it is a real business. If your goal is a bit of beer money keep doing what your doing, if you want to grow a business pay tax and keep records.
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  #12  
Old 07-04-2013, 08:20 AM
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clydebusa clydebusa is offline
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Join Date: Feb 2010
Location: Tulsa Oklahoma
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Quote:
Originally Posted by JB1 View Post
Take the money then, put it in your pocket and keep your big mouth shut about it. And don't talk about it.
+1,,
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  #13  
Old 07-04-2013, 09:19 AM
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cpllawncare cpllawncare is offline
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WOW! he just told the whole world LOL!
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  #14  
Old 07-04-2013, 01:24 PM
Chineau Chineau is offline
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It should be okay I think it is your NSA people monitoring, I wonder if IRS trolls for this?
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  #15  
Old 07-04-2013, 01:47 PM
RussellB RussellB is online now
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Quote:
Originally Posted by Turf Z View Post
And this is why people who run businesses hate solo operations.
So you can't be solo and legit?
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  #16  
Old 07-04-2013, 02:22 PM
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AI Inc AI Inc is offline
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Quote:
Originally Posted by JB1 View Post
Take the money then, put it in your pocket and keep your big mouth shut about it. And don't talk about it.
And here is your correct answer.
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  #17  
Old 07-04-2013, 07:44 PM
georgialawn88 georgialawn88 is online now
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Join Date: Apr 2012
Location: atlanta georgia
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Quote:
Originally Posted by derekrruff View Post
Because of taxes.
Cmon man are you being serious!!!!! did you just tell all of us your cheating and not paying taxes on money you bring in?!?!?! on a public forum.
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  #18  
Old 07-04-2013, 09:25 PM
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Blades Lawn Maintenance Blades Lawn Maintenance is offline
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Join Date: Mar 2012
Location: Baton Rouge, La
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It doesn't matter. Both get recorded for taxes
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Enough Said...
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  #19  
Old 07-05-2013, 07:47 AM
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Junior M Junior M is offline
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Join Date: Jun 2008
Location: South Carolina
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Quote:
Originally Posted by Chineau View Post
I can't say it is the same down south as it is for me but consider. If you do cash and don' t pay the man taxes when the time come to get finance for the new mower or such how do you show them it is a real business. If your goal is a bit of beer money keep doing what your doing, if you want to grow a business pay tax and keep records.
I don't deal in enough cash for that to be an issue.. Plus the cash I keep at home is just a little savings for buying little equipment. Or carrying cash, or even for paying that guy that only worked for a day
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  #20  
Old 07-07-2013, 09:33 AM
ralph02813 ralph02813 is offline
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Location: Charlestown, RI
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The most important part of cash check credit is having good books which reflect the real business.
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