Quote:
Originally Posted by facialfreak
This is a very unique situation Mike ...
and as much as the IRS does not like my telling you this -- as a registered CMA, I can tell you, that if there is no paper to prove you were actually PAID this money, then the government cannot expect you to pay taxes on it.
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Disagree. The IRS will certainly expect him to pay taxes on it. There are occupations that are nearly all cash transaction based. Using your statement, because there is no paper to prove that I paid my stylist for a hair cut, she doesn't have to pay taxes on that income.