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Counterclockwise?
Join Date: Oct 2005
Location: Keswick, Ontario
Posts: 6,639
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About 50% of my business is on credit cards and I get the money deposited into my account about 12 hours later.
The trick to not getting audited is consistency.
A friend of mine has a business and does 80% cash in pocket. He wants to go straight to increase the value of the business so he can sell. If he does he will for sure get audited and the past will not balance. Either way he is screwed.
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Rod
1986 Carrera
2001 996TT
A bunch of stuff with spark plugs
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