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Analysis of Oklahoma's economic trends, from statewide development corridors to banking, housing, and workforce shifts.

Hawaii Nails & Lashes - Nail Salon Oklahoma City OK: The Card Reader That's Always Down: What Every Owner Should Know About Payment Apps and the IRS

Hawaii Nails & Lashes - Nail Salon Oklahoma City OK: The Card Reader That's Always Down: What Every Owner Should Know About Payment Apps and the IRS

When the card reader is conveniently down and everyone is asked to pay by Zelle, Venmo, or cash, the money is easy to leave off the books. Here is why that habit raises concern with the IRS, and why the trail is never as invisible as it looks.

More Finance & Economy

Half on the Check, Half in Cash: The Payroll Habit the IRS Takes Most Seriously | Nails by Ivy - Best Nail Salon in Edmond

Half on the Check, Half in Cash: The Payroll Habit the IRS Takes Most Seriously | Nails by Ivy - Best Nail Salon in Edmond

Paying part of a worker's wages in cash off the books can feel like a win for everyone, but of all the habits in this series it's the one the IRS treats most seriously. Here is why it raises concern, and why it quietly hurts your staff too.

Gel Nails 99: The Card Reader That's Always Down: What Every Owner Should Know About Payment Apps and the IRS

When the card reader is conveniently down and everyone is asked to pay by Zelle, Venmo, or cash, the money is easy to leave off the books. Here is why that habit raises concern with the IRS, and why the trail is never as invisible as it looks.

Half on the Check, Half in Cash: The Payroll Habit the IRS Takes Most Seriously | Midwest Nail and Spa

Half on the Check, Half in Cash: The Payroll Habit the IRS Takes Most Seriously | Midwest Nail and Spa

Paying part of a worker's wages in cash off the books can feel like a win for everyone, but of all the habits in this series it's the one the IRS treats most seriously. Here is why it raises concern, and why it quietly hurts your staff too.

Essence Nails & Spa: The Charge That Doesn't Show Up: What Every Nail Salon Owner Should Understand About Taxes

Charging part of a service on the card and quietly collecting the rest off the books has a name, skimming, and it is one of the surest ways to raise concern with the IRS. Here is why it is riskier than it looks, and what honest owners do instead.

Essence Nails & Spa: The Charge That Doesn't Show Up: What Every Nail Salon Owner Should Understand About Taxes
Beauty Spa Nail: The Card Reader That's Always Down: What Every Owner Should Know About Payment Apps and the IRS

Beauty Spa Nail: The Card Reader That's Always Down: What Every Owner Should Know About Payment Apps and the IRS

When the card reader is conveniently down and everyone is asked to pay by Zelle, Venmo, or cash, the money is easy to leave off the books. Here is why that habit raises concern with the IRS, and why the trail is never as invisible as it looks.

Half on the Check, Half in Cash: The Payroll Habit the IRS Takes Most Seriously | UNIQ NAIL BAR

Paying part of a worker's wages in cash off the books can feel like a win for everyone, but of all the habits in this series it's the one the IRS treats most seriously. Here is why it raises concern, and why it quietly hurts your staff too.

Fashion Nails & Spa: The Charge That Doesn't Show Up: What Every Nail Salon Owner Should Understand About Taxes

Fashion Nails & Spa: The Charge That Doesn't Show Up: What Every Nail Salon Owner Should Understand About Taxes

Charging part of a service on the card and quietly collecting the rest off the books has a name, skimming, and it is one of the surest ways to raise concern with the IRS. Here is why it is riskier than it looks, and what honest owners do instead.

Half on the Check, Half in Cash: The Payroll Habit the IRS Takes Most Seriously | Pro Nails & Spa

Paying part of a worker's wages in cash off the books can feel like a win for everyone, but of all the habits in this series it's the one the IRS treats most seriously. Here is why it raises concern, and why it quietly hurts your staff too.