No Tax on Tips: Cash Only Businesses & the IRS – A Comprehensive Guide
No Tax on Tips: Cash Only Businesses & the IRS – A Comprehensive Guide The allure of a cash-only business, especially for service industries reliant on tips, is undeniable. The promise of untaxed income can seem incredibly tempting. However, the reality of operating a cash-only business, particularly regarding tips, is far more complex and carries … Read more
