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Hypothetical Tax Evasion Scenarios
Posted on 1/3/16 at 3:45 pm
Posted on 1/3/16 at 3:45 pm
I cannot find many hypothetical tax evasion stories on the interweb. Can anyone think about sly ways to lower business income?
Hypothetical ways to turn business income into greenbacks?
Gift Card tricks?
Ex:
Buy expensive equipment at office depot. Take it back for store credit. Starbucks gift card is now a business deduction.
Hypothetical ways to turn business income into greenbacks?
Gift Card tricks?
Ex:
Buy expensive equipment at office depot. Take it back for store credit. Starbucks gift card is now a business deduction.
Posted on 1/3/16 at 3:46 pm to TSLG
Owning a cash-only restaurant.
There is a little burger place in my hometown that ONLY accepts cash.
You could underreport, launder illegal funds, all kinds of stuff. No one can prove or disprove a transaction.
There is a little burger place in my hometown that ONLY accepts cash.
You could underreport, launder illegal funds, all kinds of stuff. No one can prove or disprove a transaction.
This post was edited on 1/3/16 at 3:52 pm
Posted on 1/3/16 at 3:48 pm to TSLG
Posted on 1/3/16 at 3:50 pm to TSLG
quote:
Hypothetical Tax Evasion Scenarios
claim someone else's kids as your own
Posted on 1/3/16 at 3:51 pm to TSLG
If it's that big a deal for you, move to Greece.
It's a high art form there.
It's a high art form there.
Posted on 1/3/16 at 3:52 pm to TSLG
Google some of the transcripts of federal tax evasion cases. They tend to get pretty descriptive when they are about to throw you in the slammer
Posted on 1/3/16 at 3:52 pm to TSLG
Start a 4th St, 7th day Adventist, holy Lord of the cross, light of the way Baptist church.
Posted on 1/3/16 at 3:53 pm to soccerfüt
quote:
If it's that big a deal for you, move to Greece. It's a high art form there.
Until google Earth was invented
Posted on 1/3/16 at 3:56 pm to TSLG
Open a bar.... Charge a cash cover charge.
Posted on 1/3/16 at 4:11 pm to upgrayedd
quote:Check out the historical rate of compliance with the municipal tax on Swimming pools in the City of Athens (Greece, not GA).
Until Google Earth was invented
Posted on 1/3/16 at 4:12 pm to TSLG
unless you're trying to evade taxes on a frick-ton of money, then any effort you put into it is probably not worth it to save a few dollars.
Posted on 1/3/16 at 4:13 pm to soccerfüt
That's what I was referring too. shite was hilarious.
Posted on 1/3/16 at 4:23 pm to southernelite
$2000 computer exchanged for Starbucks gift cards is $500 worth of free Starbucks.
It would add up if y'all had better ideas!
It would add up if y'all had better ideas!
Posted on 1/3/16 at 4:29 pm to TSLG
Wait... so let me confirm that you're looking for us to feed you ways on how to cheat your taxes?
...Bookmarking and sending to the IRS...
edit: proofing:
...Bookmarking and sending to the IRS...
edit: proofing:
quote:
TSLG
New Orleans Saints Fan
Member since Mar 2014
658 posts
Online
Hypothetical Tax Evasion Scenarios(Posted on 1/3/16 at 3:45 pm)
I cannot find many hypothetical tax evasion stories on the interweb. Can anyone think about sly ways to lower business income?
Hypothetical ways to turn business income into greenbacks?
Gift Card tricks?
Ex:
Buy expensive equipment at office depot. Take it back for store credit. Starbucks gift card is now a business deduction.
Posted on 1/3/16 at 4:31 pm to yankeeundercover
quote:
Wait... so let me confirm that you're looking for us to feed you ways on how to cheat your taxes?
...Bookmarking and sending to the IRS...
edit: proofing:
quote:
TSLG
New Orleans Saints Fan
Member since Mar 2014
658 posts
Online
Hypothetical Tax Evasion Scenarios(Posted on 1/3/16 at 3:45 pm)
I cannot find many hypothetical tax evasion stories on the interweb. Can anyone think about sly ways to lower business income?
Hypothetical ways to turn business income into greenbacks?
Gift Card tricks?
Ex:
Buy expensive equipment at office depot. Take it back for store credit. Starbucks gift card is now a business deduction.
Double proof that you're a douche.
Plus, I said hypothetical, how arse.
Posted on 1/3/16 at 4:34 pm to yankeeundercover
quote:
Wait... so let me confirm that
BTW...I wasn't gonna tell them about the fiver that a gave your wife for the handy until now.
Posted on 1/3/16 at 4:34 pm to TSLG
Go post in the Entitlement thread. You'd fit right in.
Posted on 1/3/16 at 4:38 pm to TSLG
quote:
about the fiver that a gave your wife for the handy until now.
The joke's on you.
It wasn't his wife.
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