Sometimes its better to let things out of your head. Someone confessed that,I colluded with my employer to commit tax evasion,, This happened from 2004 2007, At the time, I was working for a construction supply company that was owned by my best friend, The company sold construction supplies, and rented construction equipment, straight to builders, We weren t open to the public, Business was booming then, in the years right before the Great Recession, My friend had about 20 people working for him, He asked me to work for him because he trusted me with money, and there was a lot of cash flowing through the place, It seemed like the entire business was all done with cash, no credit or checks, We re talking $50k+ in cash transactions every single week, All of the employees, including me, were paid minimum wage above the table, then were given envelopes full of 4 5 times that much below the table, with the understanding that we wouldn t report it as income, This allowed the employees to qualify for low income government assistance, even though they didn t really need it, Most of them lived in Section 8 housing and their children got free meals at school, On paper, his company was only doing about $750,000 in sales annually, In reality, it was closer to $3,000,000 annually, The majority of the other employees, and the majority of the customers, were of questionable legal right to work in the US, No one ever said anything about how everything was done in cash, Everyone knew exactly what was going on, It was all done to avoid taxes,. Follow and Subscribe for more.
