Sep-02-2019 08:29 AM
Sep-15-2019 04:52 AM
Sep-14-2019 07:54 PM
TravelinDog wrote:
Hmmm...I don't think I EVER seen anyone who even remotely looked like they were immigrants from another country camping at an RV park.
I'm still calling BS.
Sep-11-2019 02:44 PM
Edd505 wrote:westernrvparkowner wrote:
Sorry, but tax evasion is just as much a crime as illegal immigration. Just because you don't like the approach to the enforcement of one law doesn't mean enforcement of all other laws should be suspended. In today's economy a cash business is an anomaly and does raise a giant red flag. The audit you describe would be the best way to catch tax evasion in that type of business. As a faithful tax payer I appreciate it whenever the government cracks down on those who cheat. They aren't cheating the government, they are cheating me!
BTW, I am sure an actual solution to the border problem would be greatly appreciated. I reside in the great middle of that debate favoring neither open borders nor a resurrection of the Iron Curtain. Currently all I see is a great deal of the flapping of wings and righteous indignation on both sides. What I don't see is a workable pathway to a solution.
Hmmm...I don't think I EVER seen anyone who even remotely looked like they were immigrants from another country camping at an RV park.
I'm still calling BS.
Immigration is an issue, obviously you don't keep up on crimes committed by Illegals, sorry they aren't undocumented they broke the law entering. Being retired LE I follow this closely. This isn't the forum for this issue but I would be happy to provide multi news article on the issue.
Sep-06-2019 07:28 PM
westernrvparkowner wrote:
Sorry, but tax evasion is just as much a crime as illegal immigration. Just because you don't like the approach to the enforcement of one law doesn't mean enforcement of all other laws should be suspended. In today's economy a cash business is an anomaly and does raise a giant red flag. The audit you describe would be the best way to catch tax evasion in that type of business. As a faithful tax payer I appreciate it whenever the government cracks down on those who cheat. They aren't cheating the government, they are cheating me!
BTW, I am sure an actual solution to the border problem would be greatly appreciated. I reside in the great middle of that debate favoring neither open borders nor a resurrection of the Iron Curtain. Currently all I see is a great deal of the flapping of wings and righteous indignation on both sides. What I don't see is a workable pathway to a solution.
Sep-06-2019 04:11 AM
Sep-05-2019 01:54 PM
Sep-02-2019 10:02 PM
Lynnmor wrote:
I know of people that have all cash businesses and they were investigated down to the coffee cups and ketchup packets bought. The investigation was triggered by an automobile purchased with cash.
Running and minding your own business is frowned upon, sneaking under the fence is encouraged.
Sep-02-2019 06:47 PM
Sep-02-2019 06:09 PM
Sep-02-2019 03:33 PM
westernrvparkowner wrote:Lynnmor wrote:My mistake. Curious as to what business the IRS believes generates sales involving Ketchup, coffee creamer, paper cups etc. that isn't a food service business. (for my purposes a restaurant, a coffee shop, a food truck, a snack bar,a catering business and everything similar is a restaurant) I guess it could be a convenience or grocery store. But bringing in inventory, not showing the sale, and then not having that inventory in stock would pretty much indicate either a severe problem with theft or tax evasion. (Or conversion to personal usage which is also tax evasion).westernrvparkowner wrote:
The IRS and it's software is pretty sophisticated. That software has profiles of most businesses. A restaurant that only accepts cash would be out of the norm. That the business only accepts cash is easily identified since it wouldn't have a 1099 from a credit card processing company. A cash business is always going to be subjected to greater scrutiny. Furthermore, it is almost a sure thing that such a business would be either a sole proprietorship or a subchapter S corp, meaning all the income would be filed under the business owner's personal tax return. Now add onto that the fact the business owner paid cash for an automobile which would require the auto dealer to file Form 8300, for a cash transaction over $10,000. If that business owner's tax return didn't indicate income to support such a cash transaction, you can bet an audit generated entirely by the IRS' software would be a real possibility. It isn't harassment, it is simply following a very clear road map.
You are correct about the cash transaction, and I already said that. The business is not a restaurant. The harassment is forcing taxes to be paid on income that was not received. Not every ketchup, coffee creamer, paper cup, etc. equates to a sale.
Sep-02-2019 02:51 PM
Lynnmor wrote:My mistake. Curious as to what business the IRS believes generates sales involving Ketchup, coffee creamer, paper cups etc. that isn't a food service business. (for my purposes a restaurant, a coffee shop, a food truck, a snack bar,a catering business and everything similar is a restaurant) I guess it could be a convenience or grocery store. But bringing in inventory, not showing the sale, and then not having that inventory in stock would pretty much indicate either a severe problem with theft or tax evasion. (Or conversion to personal usage which is also tax evasion).westernrvparkowner wrote:
The IRS and it's software is pretty sophisticated. That software has profiles of most businesses. A restaurant that only accepts cash would be out of the norm. That the business only accepts cash is easily identified since it wouldn't have a 1099 from a credit card processing company. A cash business is always going to be subjected to greater scrutiny. Furthermore, it is almost a sure thing that such a business would be either a sole proprietorship or a subchapter S corp, meaning all the income would be filed under the business owner's personal tax return. Now add onto that the fact the business owner paid cash for an automobile which would require the auto dealer to file Form 8300, for a cash transaction over $10,000. If that business owner's tax return didn't indicate income to support such a cash transaction, you can bet an audit generated entirely by the IRS' software would be a real possibility. It isn't harassment, it is simply following a very clear road map.
You are correct about the cash transaction, and I already said that. The business is not a restaurant. The harassment is forcing taxes to be paid on income that was not received. Not every ketchup, coffee creamer, paper cup, etc. equates to a sale.
Sep-02-2019 02:22 PM
Sep-02-2019 01:57 PM
westernrvparkowner wrote:
The IRS and it's software is pretty sophisticated. That software has profiles of most businesses. A restaurant that only accepts cash would be out of the norm. That the business only accepts cash is easily identified since it wouldn't have a 1099 from a credit card processing company. A cash business is always going to be subjected to greater scrutiny. Furthermore, it is almost a sure thing that such a business would be either a sole proprietorship or a subchapter S corp, meaning all the income would be filed under the business owner's personal tax return. Now add onto that the fact the business owner paid cash for an automobile which would require the auto dealer to file Form 8300, for a cash transaction over $10,000. If that business owner's tax return didn't indicate income to support such a cash transaction, you can bet an audit generated entirely by the IRS' software would be a real possibility. It isn't harassment, it is simply following a very clear road map.
Sep-02-2019 01:26 PM
lbrjet wrote:
Don't believe that story for a second. The IRS doesn't make phone calls asking for information.