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Politics : View from the Center and Left

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To: neolib who wrote (94122)	11/5/2008 4:54:35 PM
From: Travis_Bickle	Read Replies (1) of 541927

Imo number of small business owners who cheat is probably closer to 80%. Back when I used to represent people before the IRS if a small business client got audited I'd just throw out the more obvious cheats right from the start ("Okay I'm going to start out by conceding that sea kayaks are not a valid deduction for a psychiatric practice") hoping the IRS didn't catch the less obvious cheats. Every small business in the U.S. that maintains an inventory cheats on inventory. Never heard of one that didn't. A small business can easily skim 10% of net income year after year but if you are a wage earner you're screwed, it's taken out of your paycheck. So wage earners get the short end of the stick there.

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