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Old 07-06-2007, 02:02 PM
UGAalum94 UGAalum94 is offline
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Join Date: Aug 2006
Location: Atlanta area
Posts: 5,372
Quote:
Originally Posted by Rudey View Post
That's a whole load of crap. Payment up front? It's not an AR issue. Pay with a credit card and it's paid up front. Pay with a bank check and it's up front. Pay with an online funds transfer and it's upfront. There are numerous ways to pay upfront that are trackable. Cash is not trackable. Contractors and small businesses stick to cash so that they can cheat on their taxes. It's not an issue of payment dates.

-Rudey
I don't have a small business, so I don't know. It seems like the business getting the work done would have a tax incentive to claim money that went back into the business, but I have nowhere near the experience with tax fraud that you apparently do.
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