If this is your first visit, be sure to
check out the FAQ by clicking the
link above. You will be required to register
before you can post: click the register link above to proceed. To start viewing messages,
select the forum that you want to visit from the selection below.
No I am not an IRS inspector I'm an honest plumber who got a letter from the Australian Tax office (we pay tax to) who are questioning why my income has dropped in comparison to other plumbers in my area as they say they have comparisons and benchmarks of other plumbers to go by, and don`t realise its a lot harder in business right now as people arn;t spending as they did a couple of years ago and as you get older you slow down and don`t want those larger jobs you took when you were half the age you are now.
i doubt i take a deposit once every 5 years. i tend to know my customers and never worry about doing the job and getting paid afterwards.
Are you telling me Rick you never have a client that tries to avoid paying taxes by offering to pay you cash, well here in Australia with the GST they try it on all the time and I have lost jobs by saying no.
Make sure you have a good, and I mean GOOD Accountant. Keep yor mouth shut and let him so the talking and you will be alright. It is the ones who think they know everything that these parasites eat for breakfast. Remember that they have to make money crucifying yo or it will never see the light. DONT represent your self.