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  #1  
Old 09-22-2010, 07:17 AM
acerwi acerwi is offline
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Join Date: Sep 2010
Location: WI
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Cash Only?

Anybody doing business as cash only? I know of companies in the area that are, and it could be tough to compete with them in the early stages as a legitimate company.

If you have experience with this please let me know how it's going. How do customers feel about it? Any concerns from them about not seeing tax on their invoice? What are the biggest downsides to operating under the radar from the gov't?

Thanks for anything you've got on the subject.
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  #2  
Old 09-22-2010, 07:28 AM
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PerfectEarth PerfectEarth is offline
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Seriously??

"What are the biggest downsides to operating under the radar from the government?"

If these are the questions you are asking as a start-up, good luck to you.
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  #3  
Old 09-22-2010, 07:35 AM
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bohiaa bohiaa is offline
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I'm sure everyone will jump to post that there cash only.

LMAO
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  #4  
Old 09-22-2010, 03:39 PM
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VO Landscape Design VO Landscape Design is online now
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If you only took cash why would you expect not to charge tax? Cash, check,what ever the payment is charge tax. Jail time or fines aren't my idea of fun.
VO
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  #5  
Old 09-22-2010, 11:07 PM
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justanotherlawnguy justanotherlawnguy is offline
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Your an idiot
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  #6  
Old 09-22-2010, 11:35 PM
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LouisianaLawnboy LouisianaLawnboy is offline
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How many of you charged taxes and reported your earnings on the first yard you cut for money?
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  #7  
Old 09-23-2010, 03:00 PM
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Georgia Lawn Works LLC Georgia Lawn Works LLC is offline
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Id bet not many.
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  #8  
Old 09-23-2010, 10:31 PM
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StihlMechanic StihlMechanic is offline
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Location: Zone 7/8 in Tejas
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In Texas if you gross $5000 or under for the year, you are not subject to sales tax.
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  #9  
Old 09-24-2010, 09:55 AM
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GravyTrain GravyTrain is offline
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Location: Sherwood, AR
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Quote:
Originally Posted by justanotherlawnguy View Post
Your an idiot
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oh the irony.

although I agree, he is an idiot. From the first year I started, I paid taxes. In Arkansas, I was told by government offices that I did not have to charge sales tax on services. That is until about a month ago, I was audited and told that sales tax was required on commercial accounts.

I have reported my income from day one. If you plan on doing this as an illegal company, I wouldn't even waste your time.
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