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Updated about 10 years ago,
Tax Deal?
I came across a contractor who had two different sets of prices/bids; one that he calls his regular price, and one that he calls a tax/cash deal. The tax deal is always a great deal, but I wonder if I could get in trouble for this?
We still sign a contract, he would provide a receipt for all the disbursements, and he says his license, bond, and insurance will still take effect for the project. I also still plan on recording all of my expenses in QuickBooks and give it to my CPA at the end of the year regardless.