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Meh, it’s still taxable income that has to be reported :)
by jtc331 7y ago
Meh, it’s still taxable income that has to be reported :)
- jacquesm 7y agoShall we bet on whether it was reported or not?
- bredren 7y agoHe was a VP for a big tech co in Seattle, and was getting $300-400 a site so this was more about knowing the restaurant community and doing a hobby not some elaborate tax scheme. You can dodge more taxes in Seattle driving down to Portland to buy a MacBook.
- jacquesm 7y agoSorry, but that just isn't how it works. If you perform a service for restaurants and you don't invoice them but eat there instead of getting paid that's two helpings of tax fraud. Whether it is 'for a hobby' or not is irrelevant, someone else who did play by the book and for who it wasn't a hobby probably missed a bunch of sales because your buddy was willing to do this 'on the side' for shit & giggles because he already had an income stream.