 Dont you think in the UK we pay high income tax? |
| I sincerely think that low earners should pay less tax and high earner should pay higher tax. However in the UK it is the opposite. Dont you think that this issue should be addressed seriously? P... |
|
 Ahhh, i forgot to include 10k in my tax return? |
my wife made 10k on an internship program, and i forgot to include it...its already e-filed.
what should i do? am i gonna get audited?... |
|
 Is there a way not to pay into social security and medicaid if I'm a self employed independent contractor? |
| I have NO plans on using either in the future. Why do I have to pay into it? (I'm retiring overseas) How do I NOT pay into it? Why should I pay out of my money to support others who don't ... |
|
 Why are taxes so complicated? |
| I'm starting a business and just looking at what kind of tax record keeping and what to pay and when to pay it seems like a mountain of paperwork. Whats the deal with all these taxes?... |
|
 Marriage...? |
| I also play a mean electric guitar (i really do, im not making it up, its all about shredding, aeolian, dorian, phrigian, lydian, eight finger tapping and sweeping)....would that be enough to ... |
|
 Are we in Britain the highest tax payers in the world? |
| we get up in the morning head straight for the kettle (we paid vat on the kettle) switch it on (vat on electricity or gas) put the tea in the teapot (vat on teapot) get in the shower (vat on electric)... |
|
 Do I have to claim this on my taxes? |
| I have 3 W-2's. One of them is for only $400. They did not pull any taxes out of it because I worked a day a pay period. Do I have to claim this on my taxes?... |
|
 What happens if my wife claimed herself on her taxes but her parents also claimed her on theirs? |
| When my wife and I did our taxes we filed jointly. We were just married this past August and based on the requirements of being a dependent we didn't think she could be claimed as a dependent, ... |
|
 Tax stimulus Check, H&R Block Emerald Card? |
| I received my income tax refund on a H&R Block Emerald Card, which deducted the processing fee from the rebate. Because the refund has a routing number assigned to the emerald card, will i get ... |
|
 Roughly how much would a monthly wage be after tax from £14k a year? |
Trying to work out if I could take a pay cut for a great job that has come up.
Cheers.... |
|
 Can my cousin clam my kids as dependants? |
| My cousin lives with me and my kids, so it's time to do taxes again but I didn't work most of 2008? Can he claims my children ao his income tax?... |
|
|  |
m&m | My hairdresser shop does not take checks or credit cards. Cash only. And he never offers me a receipt.? |
I like their customer service, prices & timeliness. Am I wrong to want to know if they pay taxes so I can continue to support their business? Or am I being a flipping nazi for even thinking these things?
I suppose I can start asking for a receipt.
I could also find out if it's cash only for their haircuts only & not for other services. |
 |
 
Elaine
 |
I ran a small store for a while, and I only took cash. It was easier, less expensive, and I didn't have to worry about fraud. I wrote out receipts by hand, so I didn't always give one- especially if the customer was in a hurry. I paid my taxes. I think it would be very hard to have s tore front and business license and get away with not paying taxes. Just ask for a receipt next time and assume the best unless you have good reason not to. |
|
www.scapegoatz.com
 |
well checks and credit cards all cost money for a business to process. You figue you have to pay a lease on the card readers , and then you also have to pay a % of the total bill. And checks are always nice when someone writes bad ones then you are screwed holding the bag.
The may also want cash so that you will be more likely to tip your hairdresser. |
|
♫ Melody
 |
Next time you finish your appointment, Tell them you need a receipt. See what happens from there. |
|
Muga Wa Kabbz
 |
Any registered business pays taxes. It is required by law, otherwise, your hairdresser's shop would have been closed by now byt the tax office. Your hairdresser probably does not offer a receipt because you do not ask for it. Majority of hairdressers don't offer receipts.
The only people who tend to need receipts from hairdressers are usually models because they can get a tax-deduction or tax relief for it, because it is one of the expenses of their career and can legally get deductions for it.
Businesses have to pay a premium or fee to credit card companies everytime a customer uses a credit card. If customers are only getting $10 cuts, then the cost to a small business to the credit card company can be very high. I can sort of understand why your hairdresser insists on cash only basis.
Cashflow is key is a business wants to stay a float. I think your hairdresser is very smart to offer cash only services. |
|
Judy1
|
Lots of small businesses don't want the extra costs of taking credit cards, or the aggravation of chasing down people who bounce checks to them. And receipts can be important to the customer for a couple reasons - if what they're paying for is tax deductible, or if there's a chance they might need to return the item - neither of these situations would apply to your haircut. So it's possible that the hairdresser is paying taxes honestly, including on his/her tips, and there's nothing illegal going on.
It's also possible that they're evading taxes on some or all of their income.
Your call whether you want to patronize them. You could always ask if they stay totally legal on taxes - but I'm not sure just how you'd start that conversation. |
|
pooterilgatto
 |
I have come across one that would not accept anything but cash,however I did only have my credit card with me, so I continued on to another location from the same franchise,where they were happy to accept my credit card. It saved me a trip to the bank for cash and I felt better about it. It is your choice, and do not feel uncomfortable. There are other shops that will accommodate you, without having to raise any questions. |
|
cooldog
|
I WOULD CONTINUE TO ENJOY THE CASH PRICE AND DISCOUNTS
WITH GREAT SERVICE. I'M SURE THEY PAY SOMETHING ON ALL OF
THIER STORE STUFF AND SERVICES. RELAX, ENJOY ! |
|
MissV
 |
You're not being a Nazi but your reasoning is unusual. Would you rather upset your relationship by being nosy? My hairdresser is constantly giving free hair services to good hearted people who have no money that I pay her extra for caring. |
|
jnwmom
|
Ask for a receipt,and kuddos for being aware of the problems that do exist with many businesses.Any one who avoids paying the tax man will eventually get caught.I am not sure what the laws are for hair salons,maybe they use an average if they are an established shop.Good luck in your ventures and god bless you for having standards. |
|
gosh137
|
The IRS knows how much a business of that size, location, etc. should be taking in, both in regular fees and tips. If they claim much less, they can look forward to a visit by an agent, and not as a customer. |
|
bostonianinmo
 |
Just ask for a receipt if you want one. It's not like it's a deductible expense so there are no tax consequences to you either way.
Whether or not they pay their taxes is not your concern unless you have solid evidence that they are not. |
|
tma
|
The reason for the cash business is because they are not reporting all of their sales, and therefore would save on taxes (and self-employment tax if its a sole proprietorship). Lots of places don't like to accept credit cards because they would have to pay credit card fees. So they would not be collecting their total amount of the sale since a % goes to the credit card company. Its very common for places not to accept personal checks for obvious reasons. Too many times the check will bounce, and no one wants to hunt down people for collection.
Cash is the easiest method of collection, and there is also no trace. It also ends up cheaper for the customer. If this bothers you, instead of saying something, I would just find another place to go. But keep in mind that if you have to pay by check or credit card, you will most likely pay more because they'll charge you tax. If you just want a receipt, ask for one. They will give you one. |
|
ninasgramma
|
Now that I think of it, I have never expected a receipt from a hair salon.
If a small shop or restaurant asked for cash payments only, I would comply and not worry about if they are straight on their taxes. |
|
ewf20612
|
The hairdresser is running a mob business. When a business is all cash, they don't report all the money they make. Let say they make $10,000 a month in cash but only reported $5000 and hide the rest. Is a mob business. Are u in New York by any chance? Or maybe New Jersey? Lots of mob, I know, I'm in the government Witness Protection Program...........Oh crap... I blew it.......now I have to move again.....dang. |
|
handyguy_usa
|
Sounds like they are not reporting income to the IRS. |
|
sothere!
|
I think your suspicions are right but you would be surprised how common this is. Also, your situation sounds slightly different.
$100 says that this business is not paying all the taxes it should. Cash only with no receipt is tantamount to hiding income. If there is no paper record of it, then it never occurred.
The thing is that this sort of thing happens all the time. Your local gas station is primarily a cash business and I can basically guarantee you that it isnt reporting all its income. Plus half the people who work there are probably off the books. Do you really think that waitresses are reporting every cent in tips they make? Doubt it.
The thing that is really weird about the business you mentioned is that they actually flaunt their scheme. If you ask for a receipt from your gas station for car maintenance work, they will definitely give you one. If you pay a tip via a credit card you will definitely get a receipt as well. Your place actually refuses to give a cash receipt. That's just wrong.
One day the IRS will catch your salon. Sooner or later the IRS will discover them or, and this is a real possibility, if someone liked you got annoyed enough at them, you could tip the IRS and get a financial reward as a whistle blower. |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
16 | 5 minutes(s) ago
| | | |
16 | 34 minutes(s) ago
| | | |
16 | 42 minutes(s) ago
| | | |
16 | 2 hour(s) ago
| | | |
16 | 5 hour(s) ago
| | | |
16 | 7 hour(s) ago
| | | |
16 | 10 hour(s) ago
| | | |
16 | 1 day(s) ago
| | | |
16 | 3 day(s) ago
| | | |
16 | 6 day(s) ago
| |
|
Homepage 
Financial
Forum 
Taxes 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
