Oh no! Paying Cash Under the Table Everything You
Автор: Tax Goddess - Top 1% Tax Strategist in USA
Загружено: 2023-03-01
Просмотров: 3977
Описание:
Paying cash under the table is generally not legal. Businesses and individuals are required to report all payments made to employees or contractors to the government for tax purposes. By paying cash under the table, the employer is avoiding paying taxes and potentially committing tax fraud. This can result in fines, penalties, or legal action. It's important to follow the law and pay employees or contractors legally to avoid any legal problems.
So, if you're considering paying employees or contractors cash under the table, or if you're simply curious about the legal implications of this practice, this video is for you. Make sure to watch until the end for all the information you need to know about paying cash under the table. Don't forget to hit the subscribe button and turn on notifications for more videos on personal finance and business.
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