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If you don't merely accept cash but exclusively accept cash, then that suggests you're trying to evade taxes.
by syrrim 9y ago
If you don't merely accept cash but exclusively accept cash, then that suggests you're trying to evade taxes.
- IncRnd 9y agoReflect on it for a moment. In this exact case, people purchasing tickets into a concert, where there is a tremendous amount of business, why pay a third party for every credit card swipe? You get the exact same number of customers if you only accept cash. In many demographics, you actually get more customers from cash-only. Sure, some promoters and business owners will evade taxes, but people do that anyway for all sorts of businesses. In this case, accepting cash only is not an indicator of attempting to evade taxes.
- sandworm101 9y agoBecause any manager knows that handling that much cash comes with risks. Someone standing at club door taking cash, sans cash register, is dangerous. Either money goes "missing" or someone gets robbed.
- IncRnd 9y agoThat has absolutely nothing to do with your comment that people who accept cash are engaging in illegal activity. In an all cash business, the truth is you make money hand over fist. You can't count it fast enough, even with your door person skimming - which you already expect to happen. Besides, you don't have your door people stand around all night with loads of cash in their pockets.