Quote:
Originally Posted by bluejays
Do you declare what you sell on craigslist?
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Well, I don't sell used shit on Craigslist, as you have to deal with 'Craigslist' people - but I do have a side venture, and thank your yes I do declare all my income, but equally if ur smart, u have sufficient business expenses to not pay any income tax on them - I do everything by the book - but I'm smart so know the rules and equally make the system work to my benefit
Not declaring is the biggest fuck up u can do - be smart, and still don't pay tax but eliminate your risk of getting charged tax,penalties and interest if ur ever found out