http://taxlieninvestingnews.com/questions-and-answers/legal-investments-where-the-irs-cannot-see/ Current news on Tax Lien Investing Sun, 20 May 2012 16:12:21 +0000 http://wordpress.org/?v=2.7.1 hourly 1 http://taxlieninvestingnews.com/questions-and-answers/legal-investments-where-the-irs-cannot-see/comment-page-1/#comment-146 muncie birder Wed, 15 Jul 2009 20:53:43 +0000 http://taxlieninvestingnews.com/questions-and-answers/legal-investments-where-the-irs-cannot-see/#comment-146 there are certain devious ways around the IRS. The main one that come into mind is owning a cash only business. Bars are one of the most popular of these types of businesses and therefore extremely popular. There is only one way to verify a cash only business. That is to look at the books and back track through the source of supplies the amount of beer, etc being purchased and then extrapolating foreward to determine the revenue generated. Very difficult to do but not impossible. there are certain devious ways around the IRS. The main one that come into mind is owning a cash only business. Bars are one of the most popular of these types of businesses and therefore extremely popular. There is only one way to verify a cash only business. That is to look at the books and back track through the source of supplies the amount of beer, etc being purchased and then extrapolating foreward to determine the revenue generated. Very difficult to do but not impossible.

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