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To: Katelew who wrote (410870)	2/15/2011 1:26:55 PM
From: kumar	Read Replies (1) \| Respond to of 793578

If you ever see someone who owns a restaurant shopping for food in a grocery store instead of buying everything through a food services company, you can assume that restaurant owner is trying to minimize his/her paper trail. Restaurant Owners do not shop retail. Wholesale rates is what they buy at. enuff said.

To: Katelew who wrote (410870)	2/15/2011 1:43:30 PM
From: Brumar89	1 Recommendation Read Replies (2) \| Respond to of 793578

I don't think thats a warranted assumption ... about a restaurant owner buying out of a grocery store .... Sams Club sells groceries and restaurant supplies and I have to think those giant bottles and cans of stuff they sell is going to small restaurants. And wouldn't a restaurant owner want to hide his income for tax purposes, not his purchases? Hide the income not your costs. You deduct those. Small businesses that sell to the public and get paid mostly in cash do have an opportunity to hide income from the IRS and it may be that many do .... but the amounts involved probably aren't going to be big bucks. And that doesn't mean all small businesses are cheats ... lots of small businesses wouldn't even have those opportunities since they work or contract for other businesses, governments, you name it .... and there is a paper trail for their income. Furthermore, much of the stuff being mentioned on the thread recently - like hiring family members - is perfectly legit and isn't some kind of tax dodge. One more things about "Restaurants are potential gold mines, esp. if they serve alcohol." Sure they can be, but there's a lot of competition out there esp in major markets and the failure rate is pretty high. I've seen the same site have restaurant after restaurant open up and disappear.