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Childcare other than Daycare and Preschool
Reply to "Risks of paying off the books "
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[quote=Anonymous][quote=Anonymous]I have always wondered how the IRS doesn't catch this kind of tax fraud- how stupid are they? I mean 20/hr is 40k a year. You're not paying in physical cash, you're still writing checks, wiring money or venmo. There's a huge paper trail. [/quote] They catch it when you flaunt it and someone rats on you (posting lots of vacation pics with nanny while the neighbor 3 houses over knows you aren't paying her above board) or you become a big deal in the news - through crime (Derek Chauvin was busted for tax fraud only after he murdered someone on social media) or political/business infamy (the Nannygate/Trump effect). Basically people who keep their head down are fine. The IRS isn't checking everyone's bank accounts.[/quote]
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