Quote:
Originally Posted by bossku69
paypal is a great way to launder money. people selling goods and services all day long and there is no records that get sent to the IRS. I have friends that only do business on paypal and make $100k+ but only report they make about $15,000 a year in taxes  |
That's only the same as running a pizza place and throwing out the cash register
receipts.
So it's not like paypal has some kind of system that is helping people hide money more
than any other business.