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    Cash Payments

    Client said that his boss pays all 5 of them cash on Saturdays. His question is: do I have to report this income-- $60 each week. He also said that the office staff receives from$300-$700 per month for traveling reimbursement and they are inside sales people. DUH!
    He did not like my answer.
    Everybody should pay his income tax with a smile. I tried it, but they wanted cash

    #2
    Reminds me of the company that always paid in cash. One week, an employee returns to the paymaster's table and complains that his pay envelope was $10 short. The paymaster said, "Yes, I overpaid you $10 last week so I deducted it from this week's pay." The employee nodded in agreement and began to walk away.

    Noting this, the paymaster said, "Come back here for a minute. You agreed pretty quickly, so you obviously noticed the overpayment last week. You didn't say anything then, so why'd you bring it up this week?"

    The employee replied. "I'm a forgiving type of guy. I'll allow anybody to make one mistake, but when they make two in a row somebody needs to speak up!"
    "The only function of economic forecasting is to make astrology look respectful" - John Kenneth Galbraith

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