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Jeff Higgins Jeff Higgins is online now
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Join Date: Mar 2004
Location: Higgs Field
Posts: 22,807
Quote:
Originally posted by milt
That may be, but tapes are time stamped. or should be. It wouldn't take the IRS much time to figure that one out. In fact, they can just about figure your projected gross by the ultilities used. Contractors like to load similar materials from 2 jobs into one and report one while cashing the checks on the 2nd. Works for a time, but they get caught when they get greedy. The IRS just has too much information and too many formulas. If you don't fit the parameters, figure on an audit.

I'd put a camera on that cashier.
If the tax laws were simpler, we wouldn't need the IRS. Things are so out of control on the tax front that no one in the private sector would ever dream up, or try to get away with, such an inefficient and complex scheme. Theses loopholes and scams are the innevitable result of their own complex rules; they are like the little kid in front of the dam trying to plug all of the holes. A simpler tax structure would be easier to enforce and harder to dodge.
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Jeff
'72 911T 3.0 MFI
'93 Ducati 900 Super Sport
"God invented whiskey so the Irish wouldn't rule the world"
Old 02-12-2007, 05:13 PM
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