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Businesses that like to hide part of their revenue from the Tax Man (IRS). If you pay by debit/credit card or cheque every thing is tracable. Taking payments in cash also helps keep banking costs down. Hence it is mostly small businesses that give cash discounts to encourage you to pay them in cash enabling them to control costs and avoid small amounts of tax. Additionally, gas stations are notorious for offering cash discounts.
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What kind of businesses use spreadsheets?
ya mam
What is limit if cash received as gift?
Assuming the cash is from a legal source and given legally, there is no limit on how much cash you are permitted to give or receive. However, large gifts of any kind may need to be reported and could be subject to the gift tax which is paid by the donor. If you receive gifts of any kind from foreign sources totaling over $100,000 in a single year, you must report them on Form 3520 even though no tax may be due.
What is the journal entry when business is started without cash?
When business is started without cash then may be owner invested some kind of asset in business journal entry is as follows: [Debit] asset in kind [Credit] Owner's Equity
Person who rented land from another person and paid rent in cash or in kind?
tenant farmer
How to give confidential information to income tax department?
INFORMATION REGARDING TAXDear Sir,I would like to inform you that at the time of INDUSTRIES FAIR ( Which are finished few month ago) at Hapaniya . I have booked a Almeria (Wooden Folder) formM/S OMKAR Furniture at Bordwaly , Agartala , at that time they display the cost of said Almeria is Rs 24000/-(Twenty four thousand) approx. and they are giving 10 % discountAs per their condition I booked the said material, and give cash advance Rs. 1000/- only, but when I went to their office/ Showroom for taking the same after paid the balance amount, in that time the owner received the balance money and give me a ESTIMATE SLIP not CASH MEMO. Then I asked to give the original and valid CASH MEMO , then owner say if he give me Cash Memo than I must pay additional money, which are not clearly say at the time of booking.Than I say this process is not legal because by Estimate slip they are not paying any kind TAX(As VAT, I.T etc).I am sending this mail for your kind information & take necessary action if …………. (As a citizen) Thank you.
What is Promo?
Promo code is a kind of coupon code that entitles you for additional value/discounts/cash returns. Customers who have a Promo code can get discounts by entering the code on the payment mode screen.
What king of banks are businesses interested in?
The kind of banks that businesses are interested in are the kind that give out large loans with low interest rates. They want banks to give them a lot of investing.
What kind of benefits does a cash back card offer?
You can enjoy great credit card benefits with a cash back card. It offers major discounts on purchases of all kinds. You can get redemption on utility bills also.
What discounts do you offer?
Most businesses will offer a small discount if you purchase multiple tires, although quite often you have to purchase a full set of 4 to get any discount. The best option would be to call around and see what kind of discounts may be offered at various places.
What tire discounts do you offer?
Most businesses will offer a small discount if you purchase multiple tires, although quite often you have to purchase a full set of 4 to get any discount. The best option would be to call around and see what kind of discounts may be offered at various places.
What kind of products are offered at the website Cardtronics?
Cardtronics offers many of bank and cash related products. Including ATM machines, cash machines, and bank machine products. Thus finding something for any businesses needs.
What kind of discounts can a person get at wholesales who sell Christmas ornaments?
You can get bulk buy discounts if you are planning to buy in bulk from the wholesaler selling Christmas ornaments as most retailers give this as a common discount to bulk buying customers.
What kind of businesses are likely not to give their employees off aoud thanksgiving?
Any business not located in a country that does not celebrate Thanksgiving.
What kind of discounts do Walgreens employees get on hotels?
There is nothing on Walgreen's career page that includes discounts on hotels for employees.
What kind of businesses are likely NOT to give their employees a day off around Thanksgiving?
walmart or stores they better not close
What kind of discounts are available to the American military?
The American military get excellent discounts and subsidies on their clothing and food when they are in service. They also get discounts on flights on American Airlines and on purchasing vehicles.
Is it possible to get discounts on car insurance for being disabled?
Actually not all insurance agency can give this kind of insurance. There are agencies that can provide insurance for disabled persons based on the degree of disability. And there are agencies that can provide full insurance and discounts for disabled persons. As for my answer, it depends on the agency.
