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Video instructions and help with filling out and completing irs 8300 form 2021

Instructions and Help about irs 8300 form 2021

Music people that don't deal a lot in cash they generally pull money out of their ATM and then use it for miscellaneous items that doesn't amount to much Tom you're running into is when people hoard cash or they're paying a lot of their expenses of business expenses in cash such as their workers in cash that creates a real problem because they're avoiding payroll taxes by doing it that way and everybody that deals in cash thinks that they're the only ones that ever deal in cash and they think that since they're dealing with cash the IRS will never catch me and that's actually not true the IRS will be able to do an analysis and sources and uses of cash analysis to determine how much did they bring in cash how much do they pay out in cash and if there's excess cash left over at the end of the year based on their analysis they have underreported income Music.