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Cash vs Check Payments

Discussion in 'Business Operations' started by derekrruff, Jul 2, 2013.

  1. Chineau

    Chineau LawnSite Member
    Posts: 34

    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.
     
  2. clydebusa

    clydebusa LawnSite Bronze Member
    Posts: 1,660

    +1,, :drinkup:
     
  3. cpllawncare

    cpllawncare LawnSite Silver Member
    Posts: 2,659

    WOW! he just told the whole world LOL!
     
  4. Chineau

    Chineau LawnSite Member
    Posts: 34

    It should be okay I think it is your NSA people monitoring, I wonder if IRS trolls for this?
     
  5. RussellB

    RussellB LawnSite Fanatic
    Posts: 5,998

    So you can't be solo and legit?
     
  6. AI Inc

    AI Inc LawnSite Fanatic
    Posts: 25,151

    And here is your correct answer.
     
  7. georgialawn88

    georgialawn88 LawnSite Bronze Member
    Posts: 1,075

    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. :confused::confused::confused::confused:
     
  8. Blades Lawn Maintenance

    Blades Lawn Maintenance LawnSite Bronze Member
    Male, from Baton Rouge, La
    Posts: 1,233

    It doesn't matter. Both get recorded for taxes
     
  9. Junior M

    Junior M LawnSite Fanatic
    Posts: 13,539

    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
    Posted via Mobile Device
     
  10. ralph02813

    ralph02813 LawnSite Bronze Member
    Posts: 1,041

    The most important part of cash check credit is having good books which reflect the real business.
     

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