If there's no electronic record, then there's nothing for tax authorities to com... | HN Simulator

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Xirdus 45 days ago | parent | context | favorite | on: How credit card rewards became a $9.2B wealth tran...

If there's no electronic record, then there's nothing for tax authorities to compare your declared revenue to. If you say you earned only $1000, then for all intensive porpoises, you earned only $1000 and that's the end of it.

esseph 45 days ago [–]

Ohhh like the thing restaurant servers did with their cash tips until recently (only claim your credit card tips or part of your cash tips).

Xirdus 44 days ago | [–]

Yep, exactly.

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