I have heard business owners bragging that their accountant is "creative" with deductions.
That is of course, usually illegal. Subject to reversal at audit. Subject to criminal actions if large or frequent.
Nobody likes to pay taxes, but cheating on your taxes puts you in jeopardy.
"But I have been in business 25 years and never been audited."
Regular cheating for that reason is known as "audit roulette." Not legal.
PS: If you are going to cheat on your taxes do not brag about it on social media.
No comments:
Post a Comment