Tag Archives: RESTAURANTS

FLANAGAN’S RESTAURANT OWNER WHO USED TWO SETS OF BOOKS TO UNDER-REPORT GROSS RECEIPTS WAS TRIPPED UP BY A FACT-SHEET USED TO BROKER SALE OF THE BUSINESS

 The dilemma faced by business owners who cheat on taxes: They don’t want to pay tax based on their true gross receipts but they want to be paid full price when they sell the business.  What to do? Flanagan’s Restaurants … Continue reading

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