Behind the Scenes @ Work

[UGAalum94]

Originally Posted by honeychile

But if you have a small business, and have another small business do some service (plumbing, electrical, roofing, etc), and offer to pay cash up front, you can usually save at least 20%.

Originally Posted by Rudey

So basically you're aiding and abetting a crime? The reason why it's cash is because it's off the books and there are no taxes paid on it.

-Rudey

Originally Posted by AlphaGamUGAAlum

Or because it's payment up front with no need for billing.

Originally Posted by Rudey

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

Originally Posted by AlphaGamUGAAlum

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.

Originally Posted by Rudey

You're not much of a thinker. Again, there are numerous ways to pay upfront. To skip billing and take payment in an untraceable manner, a la cash or say...diamonds...is the clearest sign of keeping something off the books for either tax evasion or something more exotic, like money laundering and, oh say, terrorism financing. I'm glad I educated you. Next time, if you don't know about something you shouldn't make such suggestions.

-Rudey

Originally Posted by Rudey

What about it? I made a comment on paying in cash to a small business owner. I didn't comment on anything else, whether it's murder or large-scale tax evasion. But there are laws for legitimate offshore income and black market activities, and if there's something beyond that which bothers you I assume someone who likes talking philosophy is good for that discussion.

-Rudey

Originally Posted by Rudey

Hence why I posted about checks and other non-cash methods. But thanks for posting something completely useless and irrelevant.

-Rudey

Originally Posted by kstar

Um, you really didn't touch on those reasons, you automatically assumed that small business owners are tax-evading losers. Thanks for being a dick, like you always are.

Rudey,

Someone pointed out that you could save 20% a certain way. You immediately sprang to tax fraud, and even when no one disputed that tax fraud was a possibility, just suggested other possibilities, you lapsed into insulting people.

How does this communication strategy work out for you generally?

What are you looking for here?