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A comment on Using GnuCash as a Freelancer to Track Finances and Prepare Taxes. Parent comment

Re:Using GnuCash as a Freelancer to Track Finances and Prepa... by spookthesunset on Tuesday April 17, 2018 @07:44PM (#16863335)
I personally believe most of the "cash only" places (or places that beg you to pay cash) only do so to get out of paying taxes. It's a lot easier to underreport your income if your whole business is cash.
[ Parent | on HN ]
Re:Using GnuCash as a Freelancer to Track Finances and Prepa... by ThrustVectoring on Tuesday April 17, 2018 @08:38PM (#16863674)
Many businesses are cash-only because they had so much credit-card fraud associated with them that no merchant bank is willing to process their payments.
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