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rmepilot

09/07/09 12:50 PM

#3671 RE: Money_Train #3669

Two points to that:

Credit card services can be an added expense to the business and it's easier to mask sales revenue to lessen the tax bueden on a cash only business.
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Realityhurts

09/07/09 3:53 PM

#3682 RE: Money_Train #3669

They're probably not reporting it or/plus they're probably paying illegal workers with it. No other reasons to give 10%. If I was an IRS agent and I saw that, red flags would wave immediately. Anything beyond a 3% discount because of credit card fees is suspicious imo.